The import of antimony ores and concentrates to India is projected to increase steadily from 2024 to 2028, starting at 9.1772 million kilograms in 2024 and reaching 10.718 million kilograms by 2028. In 2023, the imports were notably lower, indicating a significant uptick moving forward.
Year-on-year growth highlights a consistent rising trend, with each subsequent year reflecting an increase over the previous one. The compound annual growth rate (CAGR) between 2024 and 2028 demonstrates a robust average annual growth over this five-year period.
Future trends to watch for:
- Global supply chain dynamics and geopolitical factors impacting sourcing.
- Technological advancements in antimony applications that might drive demand.
- Regulatory and environmental policies affecting antimony mining and processing.
