The forecasted import of ceramic building bricks, flooring blocks, and tiles to India shows a continuous decline from 2024 to 2028. In 2023, the data indicate that the imports stood at a comparatively higher value, but a steady year-on-year decrease is expected, with a significant declining trend observed.
Year-on-year variation:- 2024 to 2025: -1.37%- 2025 to 2026: -1.36%- 2026 to 2027: -1.35%- 2027 to 2028: -1.34%
The average annual decline over the last 5 years (CAGR) is -1.36%.
Future trends to watch for:- Potential regulatory changes impacting import tariffs or duty structures.- Domestic economic conditions affecting construction and real estate developments.- Innovations and shifts towards sustainable and locally-produced building materials.- Global supply chain disruptions or advancements may also influence import trends.
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