Forecast: Import of Rosin and Resin Acids to India

In 2023, the import value of rosin and resin acids to India stood at 101 million US dollars. The forecasted data suggests a steady increase from 2024 through 2028, with values projected to rise from 103.84 million US dollars in 2024 to 110.48 million US dollars in 2028. This indicates a compound annual growth rate (CAGR) of approximately 2.01% over the forecast period. The year-on-year growth rates highlight a consistent upward trend, reflecting strong demand and potential market growth.

Future trends to watch:

  • Potential disruptions in global supply chains could affect import volumes and prices.
  • Growth in domestic industries utilizing rosin and resin acids might influence import dynamics.
  • Trade policies and tariffs could impact import costs and supply chain strategies.

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