From 2024 to 2028, the import of carbon and graphite electrodes, except for furnaces, to India is forecasted to decline steadily from 39.284 million USD to 36.077 million USD. This indicates a consistent decrease over the five-year horizon. In 2023, the recorded import value was higher, suggesting that this decline might be part of a longer-term trend. The year-on-year percentage decrease highlights an ongoing reduction, with a significant average annual contraction rate (CAGR) projected over these years.
Future trends to watch include the potential impacts of global supply chain dynamics, technological advances in electrode production, and India's domestic energy policies, which could influence import dependencies and volumes.
