In 2023, India's import of asbestos stood at a specific volume not provided in this dataset, making it challenging to accurately compute the year-on-year percentage change for 2024. However, the forecast data from 2024 to 2028 shows a steady increase in import volumes, progressing from 394.19 million kilograms in 2024 to 415.93 million kilograms in 2028. This suggests a consistent growth trend over this period, as illustrated by the incremental annual rises in volume.
Future trends to watch for:
- Regulatory changes regarding asbestos usage, which could significantly impact import levels.
- Shifts in domestic industry demand for asbestos, especially in sectors like construction and manufacturing, may affect import volumes.
- Advancements in alternative materials that could potentially replace asbestos and reduce its import necessity.