The forecasted import of phenol to India shows a steady increase from 2024 to 2028. In 2023, the import volume was recorded at 321.67 million kilograms. From 2024 to 2028, the year-on-year growth rates exhibit a stable upward trend, with annual increases noticeable in the data provided. The compound annual growth rate (CAGR) over this period suggests a consistent growth pattern in demand.

Future trends to watch for include:

Potential shifts in global supply chains affecting phenol availability and pricing.
Economic policies in India that could influence industrial demand for phenol.
Technological advancements in phenol usage that might drive consumption.