The import of single viscose yarn with a twist exceeding 120 turns per meter to India has been steadily increasing. The year-on-year forecasted growth from 2024 to 2028 shows consistent increments: 4.44% from 2024 to 2025, 4.17% from 2025 to 2026, 3.92% from 2026 to 2027, and 3.7% from 2027 to 2028. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is expected to be around 4.06%. As of 2023, historical data suggests imports were approaching 13.456 million USD, setting the pattern for future increases.
Future trends to watch include:
- The effect of global economic conditions on textile demand.
- Currency exchange fluctuations impacting import costs.
- Potential shifts in supply chain dynamics and trade policies affecting the viscose market.