The import of unwrought copper-zinc base alloys to India stood at approximately 1.87 million kilograms in 2023. The forecast for 2024 indicates a value of 1.9048 million kilograms with subsequent years showing a steady increase: 1.943 in 2025, 1.9805 in 2026, 2.0172 in 2027, and 2.0532 in 2028. This suggests an average compound annual growth rate (CAGR) of about 2%. Year-on-year growth from 2023 to 2024 is modest, yet consistent, reflecting steady demand.
Trends to watch include the impact of global economic conditions on metal prices and technological advancements in copper-zinc alloy applications, which could affect import volumes and growth rates. Keep an eye on policy changes affecting trade and environmental regulations influencing manufacturing practices.
