In 2023, the import value of aluminium powders and flakes of lamellar structure to India was $861.05 thousand USD. The forecast from 2024 to 2028 shows a steady year-on-year increase in imports, with values expected to rise from $894.19 thousand USD in 2024 to $1036.1 thousand USD by 2028. This translates to an average annual growth rate (CAGR) of approximately 3.9% over this five-year period, reflecting a robust upward trend.
Future trends to watch include:
- Demand fluctuations from key industrial sectors such as automotive and construction, which are major consumers of aluminium products.
- Potential trade policy changes and tariffs that could impact import costs and sourcing strategies.
- Technological advancements in production that might affect the cost and quality of aluminium powders and flakes.