The import of greasy wool other than shorn to India is projected to increase steadily from 2024 to 2028, with values rising from 230.06 million USD in 2024 to 243.38 million USD in 2028. This steady growth indicates a positive trend in demand for this type of wool within the Indian market. Assuming a stable economic environment, these imports appear to be increasing at a constant rate, reflecting a compound annual growth rate (CAGR) in this period. Unfortunately, data for 2023 is not available for comparison.
- Projected steady increase from 2024 to 2028.
- Values: 230.06 million USD (2024) to 243.38 million USD (2028).
- Reflects consistent demand growth.
Future trends to watch for include changes in domestic wool production and fluctuations in global wool prices, which could impact import volumes and values. Additionally, economic factors such as exchange rate variations and trade policy adjustments may influence future import dynamics.
