The forecast for the import of Ethylene-Vinyl Acetate Copolymers to India indicates a steady increase from 2024 to 2028, with values rising from 221.4 million kilograms to 250.63 million kilograms. This suggests year-on-year growth rates between 3–5%. As of 2023, the actual import volume stood at approximately 215 million kilograms, indicating consistent growth. The Compound Annual Growth Rate (CAGR) for this period is expected to be around 3% annually.
Future trends to watch for include:
• The impact of domestic production capacity expansion on import volumes.• Fluctuations in global raw material prices and availability.• Shifts in demand from key sectors such as footwear, agriculture, and packaging.• Evolving import policies and trade agreements which may affect sourcing strategies.
