In 2023, the import of unroasted iron pyrites to India was projected at 1.121 million USD. From 2024 to 2028, forecasts indicate a consistent growth in import value from 1.1721 million USD in 2024 to 1.3507 million USD in 2028. Year-on-year growth exhibits a stable increase with percentages calculated based on these values.
Key variations:
- 2024: Increase of approximately 4.56% from 2023.
- 2025: Increase of about 3.92% from 2024.
- 2026: Increase of nearly 3.70% from 2025.
- 2027: Increase of around 3.50% from 2026.
- 2028: Increase of close to 3.31% from 2027.
For the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 3.77%, hinting at a steady upward trend in imports.
Future trends to watch include potential shifts in global supply chains, regulatory changes affecting import policies, and technological advancements that may impact the demand for iron pyrites in industries such as metallurgy and chemical manufacturing.
