In 2023, the import volume of knitted or crocheted women's and girls' overcoats, capes, or cloaks of wool or fine animal hair to India stood at a lower baseline. From 2024 onwards, a steady increase in imports is observed, with forecasted volumes rising from 1.04 thousand kilograms in 2024 to 1.22 thousand kilograms by 2028.
The year-on-year variation suggests a consistent growth trend, marked by a gradual increase in import volumes.
- 2024: 1.04 thousand kg
- 2025: 1.09 thousand kg (+4.81%)
- 2026: 1.13 thousand kg (+3.67%)
- 2027: 1.17 thousand kg (+3.54%)
- 2028: 1.22 thousand kg (+4.27%)
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is slated to maintain a stable upward trajectory. Future trends to watch include shifts in consumer preferences towards sustainable materials, economic fluctuations affecting buying power, and global trade policies that might impact import dynamics.
