In 2023, the import of limestone materials for the manufacture of lime or cement to India stood at a certain level, with forecast values indicating an upward trend from 2024 to 2028. The forecasted import volumes grow consistently each year. Specifically, from 2024 to 2025, the import volume is expected to rise by approximately 4.4%, with subsequent annual increases slightly below or above this rate, culminating in a projected import volume of 34.587 billion kilograms by 2028. The compound annual growth rate (CAGR) over this five-year forecast period indicates steady growth.
Future trends to watch for include potential policy changes affecting import regulations, shifts in local limestone production capacities, and broader economic factors influencing construction activity in India. Additionally, environmental considerations may affect the demand and sourcing of limestone materials.
