In 2023, the import value of single partially oriented polyester yarn to India was approximately 7.9 million USD. The forecast for 2024 predicts a slight decline to 7.6075 million USD, followed by a downward trend through 2028, reaching an estimated 6.3198 million USD. This steady decline represents a yearly drop of approximately 3-4% over the period. The compound annual growth rate (CAGR) indicates a consistent negative trend of around 4% per year across these five years.
Future trends to watch include potential shifts in domestic production capabilities, changes in global polyester pricing, and any trade policy adjustments that could impact import levels. Market dynamics such as demand shifts or innovation in textile manufacturing may also influence future import patterns.
