The forecasted values for the import of P-Xylene to India indicate a consistent upward trend from 2024 to 2028. The year-on-year percentage variations are as follows:
- 2025: 2.95%
- 2026: 2.82%
- 2027: 2.69%
- 2028: 2.55%
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.75%.
Future Trends: The positive trend in P-Xylene imports to India suggests increasing demand for this chemical. Industries such as plastics, textiles, and packaging are likely driving this growth. Future considerations should include monitoring global crude oil prices, advancements in domestic production capabilities, and potential regulatory changes impacting the chemical industry in India.
