India's import of yarn from jute or textile bast fibers is on a declining trend according to forecasts. From an estimated 23.2 million kilograms in 2024, there is a projected decrease to 19.911 million kilograms by 2028. This marks a steady year-on-year percentage decline, indicating a significant contraction by the year 2028. The compound annual growth rate over this forecast period underscores a persisting reduction in imports.
Future trends to watch for include changes in domestic production capabilities, shifts in global supply chain dynamics, and potential trade policy adjustments. These factors could influence the trajectory of import volumes in the coming years.
