The import of waste or scrap of precious metal to India is anticipated to grow consistently from 2024 to 2028, starting at 11.399 million USD in 2024 and reaching 13.33 million USD by 2028. Year-on-year growth rate suggests a stable increase, an average of approximately 4% per annum. In 2023, the reported value was slightly below 11.399 million USD. The compound annual growth rate (CAGR) over this forecast period is expected to reflect a steady upward trajectory, indicating a compounded increase.

Future trends to watch for include:

The effect of global economic conditions on the demand for recycled precious metals.
India's policy shifts regarding import tariffs and environmental regulations.
Technological advancements in metal recycling techniques enhancing import efficiency.