Forecast: Import of Knitted or Crocheted Hosiery of Wool or Fine Animal Hair to India

The forecast data for the import of knitted or crocheted hosiery of wool or fine animal hair to India shows a consistent year-on-year growth from 2024 to 2028. Starting at 2.57 thousand kilograms in 2024 and progressing to 3.11 thousand kilograms by 2028, this represents a year-on-year increase of approximately 5.44% in 2025, 5.17% in 2026, 4.56% in 2027, and 4.36% in 2028. Compared with 2023, where the imports were slightly lower, this forecast reflects a steady growth trend attributed to increasing demand.

Future trends to watch include:

  • The impact of changing consumer preferences towards sustainable and natural fiber products, which might drive higher demand for wool-based hosiery.
  • Potential shifts in trade policies or tariffs that could affect the cost and import volumes of these goods.
  • Technological advancements in hosiery production, which could influence the quality and competitiveness of locally produced alternatives.

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