The import of Broken or Scutched Flax Fibre to India is forecasted to increase steadily from 2024 to 2028. Starting at $27.478 million in 2024, it is expected to reach $32.674 million by 2028. In 2023, the value stood at $26.182 million, marking a consistent year-on-year growth. The projected growth reflects a steady CAGR over this period.
Future trends to watch for include possible shifts in global flax production, trade agreements affecting import tariffs, and fluctuations in domestic demand for flax products. Sustainability concerns and technological advancements in textile manufacturing may also influence import dynamics.
