In 2023, the import of activated natural mineral products, animal black to India stood at 35.963 million kilograms. The data forecasts a consistent year-on-year growth in the import quantities from 2024 to 2028, beginning at 36.992 million kilograms in 2024 and increasing to 41.089 million kilograms by 2028. This indicates a stable upward trend, with an annual growth rate (CAGR) of approximately 2.66% over the five-year period.
Future trends to watch for include:
- Potential shifts in regulatory policies affecting import conditions.
- Technological advancements in activation processes impacting the demand.
- Changes in domestic production capabilities that might alter import dependencies.