In 2024, the forecasted import volume of wood screws of iron or steel to India is 1.7253 million kilograms, with a projected steady year-on-year increase: 2025 (4.16%), 2026 (3.91%), 2027 (3.69%), and 2028 (3.48%). In 2023, actual imports were lower than 1.7253 million kilograms. The compound annual growth rate (CAGR) over the forecast period indicates a consistent annual growth trend of around 3.82%, suggesting sustained demand for these imports.
Future trends to watch for include shifts in India's construction and manufacturing sectors, which may influence demand for wood screws. Changes in global steel prices and import tariffs could also impact these forecasts.
