The forecast for the import of handmade rugs to India, including Kelem, Schumacks, and Karamanie, shows a gradual decline from 2024 to 2028. In 2023, the actual import value was higher than the forecasted values for the following years, indicating a downward trend. The year-on-year variation reflects a consistent decrease in imports, with a slight reduction of approximately 1% annually.
Key trends to watch for in the future include shifts in consumer preferences towards locally produced goods, changes in trade policies and tariffs, and the impact of global economic conditions on import behavior. Staying attentive to these factors will be crucial for stakeholders in this market.
