Based on the provided data, the forecast for the import of aluminium household articles to India is as follows for the succeeding years from 2024 to 2028, with values expressed in million US dollars: 33.39 in 2024, 34.507 in 2025, 35.602 in 2026, 36.675 in 2027, and 37.726 in 2028. In 2023, the value stood at 32.379 million US dollars. The year-on-year variation indicates a steady growth of approximately 3.34% from 2024 to 2025, 3.17% from 2025 to 2026, 3.02% from 2026 to 2027, and 2.86% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is about 3.13%.
Future trends to watch for include potential tariff changes, fluctuations in raw material prices, and shifts in consumer preferences toward sustainable materials, which could impact the volume and value of imports. Monitoring policy amendments and emerging market demands will be crucial to understanding the import landscape of aluminium household articles in India.
