In 2023, India imported pickling preparations and fluxes for metal surfaces valued at approximately 27.132 million USD. Based on the forecast data for 2024 to 2028, the import value is expected to steadily increase each year, starting from 28.004 million USD in 2024 and reaching 31.466 million USD by 2028.
The year-on-year percentage increase from 2024 to 2025 is approximately 3.19%. From 2025 to 2026, the increase is around 3.02%. The subsequent years show similar growth trends: 2.87% from 2026 to 2027 and 2.74% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is estimated to be 2.99%.
Future trends to watch include potential technological advancements in metal processing and shifts in global trade policies which could impact import levels. Additionally, any changes in domestic industrial demands for metal treatment processes will be crucial in shaping future imports.
