The import of complex fluorine salts to India has seen a progressive upward trend from 2023 to 2028 based on forecasted data. The imports stood at 16.812 million kilograms in 2023. For the years 2024 to 2028, the import values are anticipated to increase annually from 17.536 million kilograms to 20.473 million kilograms.
The year-on-year variation indicates a steady growth, with the values increasing by approximately 4.3% from 2023 to 2024, 4.3% from 2024 to 2025, 4.1% from 2025 to 2026, 3.8% from 2026 to 2027, and 3.6% from 2027 to 2028.
The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 stands at 4.1%, reflecting a consistent rise in imports.
The future trends to watch for include global supply chain dynamics, changes in domestic production capacity, and shifts in demand driven by industrial and technological advancements that might impact the imports of complex fluorine salts to India.