Forecast: Import of Worked Granite to India

In 2023, the import of worked granite to India stood at a significantly higher value compared to future forecasts. From 2024 to 2028, a noticeable downward trend is expected in imports, with values decreasing from 260.17 to 54.8 thousand kilograms, indicating a continuous year-on-year decline. This represents a compounded annual growth rate (CAGR) drop over the forecasted five years.

Future trends to watch for:

  • Shifts in domestic production capabilities could further reduce imports.
  • Trade policies or tariffs could influence import volumes.
  • Changes in consumer preferences towards alternative materials could impact demand.

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