In 2023, the import value of sanitary ware and parts thereof of iron or steel to India stood at an estimated 44 million USD. The forecast from 2024 to 2028 shows a steady increase: 46.106 million USD in 2024, 48.011 million USD in 2025, 49.879 million USD in 2026, 51.709 million USD in 2027, and 53.503 million USD in 2028.
- The year-on-year growth from 2024 onwards is approximately between 3% to 4%.
- The compound annual growth rate (CAGR) over the five-year forecast period is around 3.35%.
Future trends to watch include changes in construction demand driven by urbanization, potential tariffs affecting import costs, and technological advancements in sanitary ware. Additionally, sustainability trends might shift material use preferences, possibly impacting steel-based product imports.
