In 2023, India's import of polyethylene with a specific gravity of less than 0.94 stood at approximately 762.00 Million Kilograms. The forecasted data for 2024 to 2028 shows a steady increase in import volumes: 772.03, 782.89, 793.52, 803.95, and 814.16 Million Kilograms respectively. The year-on-year growth rate in imports is consistent, maintaining an increase of around 1.4% to 1.6% annually over this period.
Key trends to watch for include further advancements in domestic polymer production capabilities, shifts in global trade policies affecting import prices and regional demand fluctuations in the automotive and packaging industries, which heavily utilize polyethylene. Monitoring these factors will provide insights into future import patterns for India.
