The forecast data for the import of artificial corundum to India from 2024 to 2028 shows a steady increase in volume, starting from 9.07 million kilograms in 2024 to 11.05 million kilograms in 2028. In comparison, the volume in 2023 stood at 8.63 million kilograms. The year-on-year growth rate is expected as follows: 5.6% in 2025, 5.2% in 2026, 4.9% in 2027, and 4.5% in 2028. The five-year compound annual growth rate (CAGR) stands at approximately 5.1%.
Future trends to watch for include potential shifts in global supply chains, changes in raw material costs, and evolving environmental regulations which may impact import volumes and sourcing strategies for artificial corundum in India.
