The forecast for the import of filament tow of polyesters to India shows a decrease from 2024 onwards. The 2023 import level was the last recorded actual data, indicating a stable period that is now transitioning to a slight decline. The year-on-year percentage variation reflects a negative trend with an average annual decrease of around 0.6% as per the data from 2024 through 2028. This indicates a shrinking demand or increased local production capabilities affecting imports.
Future trends to watch for include:
- Shifts in domestic production versus import reliance.
- Potential regulatory changes affecting trade policies.
- Technological advancements in local polyester production.
- Fluctuations in global polyester market prices.
