The forecasted import of rolled aluminium foil to India shows a consistent year-on-year increase in volume, from 115.47 million kilograms in 2024 to 133.99 million kilograms by 2028. The anticipated import level stood at 113.00 million kilograms in 2023. Year-on-year, the growth is around 3.79% between 2024 and 2028, with a notable five-year compound annual growth rate (CAGR) of approximately 4.12%.
Key trends to watch for:
- Rising demand from the packaging and electronics sectors could sustain growth.
- Fluctuations in global aluminium prices may impact import volumes.
- India's domestic production capabilities expanding might influence import dependency.