Forecast: Import of Mould Bases to India

The import of mould bases to India is projected to increase steadily from 2024 to 2028. The data shows a consistent year-on-year growth in import volume. In 2024, the imports are forecasted to be 874.46 thousand kilograms, rising to 973.49 thousand kilograms by 2028. The lack of 2023 data makes a comparison challenging, but the five-year compound annual growth rate (CAGR) suggests a robust growth trend.

Looking forward, key trends to monitor include:

  • Technological advancements in mould base production, potentially affecting import needs.
  • Trade policies and tariffs that could influence import costs and volumes.
  • Domestic manufacturing capacity expansion, which may reduce reliance on imports.

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