In 2023, India's import of zinc dust stood at an actual value of approximately 6 million USD. The forecast for the period from 2024 to 2028 shows a gradual increase, with imports expected to reach 7.0254 million USD by 2028. Year-on-year growth rates indicate a consistent upward trajectory, reflecting a positive trend with an approximate annual growth rate averaging 2.25% over the forecasted five-year period. The Compound Annual Growth Rate (CAGR) for this period supports the observation of a steady increase.
Future trends to watch for include:
- Potential fluctuations in global zinc prices affecting import costs.
- Indian industrial demand shifts, particularly in key sectors using zinc dust.
- Changes in trade policies or tariffs impacting import dynamics.
