Key Market Indicators
India's molding exports are projected to reach nearly 576,000 kilograms by 2026, up from 518,000 kilograms in 2021. This marks an average annual growth rate of 1.8%. Since 1993, Indian supply has declined 0.6% year on year. In 2021, India ranked 9th, with Indonesia coming in ahead at 518,000 kilograms. The Czech Republic, Croatia, and China ranked 2nd, 3rd, and 4th respectively. Meanwhile, India's molding imports are set to reach 661,000 kilograms by 2026, up from 519,000 kilograms in 2021. This marks an average annual growth rate of 4.1%. Since 1993, Indian demand has seen a 26.2% year on year increase. In 2021, India ranked 13th, with Bangladesh coming in ahead at 519,000 kilograms. Germany, Japan, and Nigeria respectively ranked 2nd, 3rd, and 4th.