Between 2023 and 2028, the import value of semi-manufactured iridium, osmium, and ruthenium to India is projected to grow consistently, as evidenced by a gradual increase from $2.2172 million in 2024 to $2.6056 million in 2028. This represents a steady rise with an approximate year-on-year increase, suggesting a stable demand for these materials. The Compound Annual Growth Rate (CAGR) indicates a moderate, sustained growth trend over the forecasted period.
Future trends to watch for include potential fluctuations in global supply routes, changes in regulatory landscapes affecting imports, and technological advancements that may alter the demand for these metals in various industrial applications. Monitoring these factors could provide insights into future import dynamics.
