Given the data on the forecasted import value of Oxirane (Ethylene Oxide) to India from 2024 to 2028, we observe a steady upward trend. The import value in 2023 stood at $965.32 thousand USD, providing a baseline for comparison.
Year-on-year, the variations in import values are:
- 2024 to 2025: approximately 1.33% increase
- 2025 to 2026: approximately 1.29% increase
- 2026 to 2027: approximately 1.25% increase
- 2027 to 2028: approximately 1.21% increase
The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 is approximately 1.27%.
Future trends to watch for include potential market disruptions, regulatory changes, and shifts in global trade policies. Additionally, technological advancements in the production of ethylene oxide and variations in raw material costs could significantly impact import values.
