The import of merely cut granite into India is forecasted to rise steadily from 2024 to 2028. In 2023, the import stood at a certain value, transitioning into the forecasted figures showing an annual growth. The values steadily increase over these years, indicating a growing demand or dependency on imported granite.
Year-on-year growth indicates a continuous uptick in imports, while the compound annual growth rate (CAGR) over five years will highlight an average increase annually.
Future trends to watch for include potential disruptions in global supply chains, changes in international trade policies, and evolving domestic demands driven by infrastructure development and market demand. Keep an eye on technological advancements in granite processing and environmental regulations impacting import patterns.
