In 2023, the import value of perchlorates, bromates, and per-iodates of metals to India was approximately $911 million. Forecasts indicate a downward trend, with values declining annually to about $800.52 thousand by 2028. Year-on-year, the import value is expected to decrease by around 2.5% from 2024 to 2025, and continue reducing progressively by roughly 2.5% year-on-year through 2028. The Compound Annual Growth Rate (CAGR) over five years reflects an average annual decrease, signifying a consistent reduction in the importation of these chemicals.

Future trends to watch for:

Potential substitutions or shifts in demand within India’s industrial sectors that utilize these compounds.
Regulatory changes affecting the importation of chemicals.
Fluctuations in the global prices of these chemicals, influencing import costs and demand in India.