The forecast for the import of cooking appliances for liquid fuel of iron or steel to India shows a steady growth from 2024 through 2028. In 2023, the actual value stood at 2.3 million USD. Over the forecast period, the year-on-year growth percentage ranges between 3% to 4%, suggesting a gradual increase in imports. The compound annual growth rate (CAGR) for 2024-2028 is forecasted to be around 3.4%, reflecting a consistent upward trend.

Future trends to watch for include:

Impact of government policies promoting renewable energy sources over liquid fuels.
Shifts in consumer preferences towards alternative cooking solutions.
Potential tariff changes affecting import costs.