Forecast: Import of Mixing, Kneading Machines for Minerals Except Bitumen to India

In 2023, India imported mixing and kneading machines for minerals, excluding bitumen, valued at an undisclosed amount. By 2024, this figure is forecasted to rise to 3.32 thousand units. The projected year-on-year growth rates for the subsequent years suggest consistent growth: 4.22% in 2025, 4.34% in 2026, 3.60% in 2027, and 3.74% in 2028. The compound annual growth rate (CAGR) over this five-year period suggests a steady expansion of around 3.73% annually.

Future trends to monitor:

  • The impact of India's infrastructure and construction boom on the import demand for such machinery
  • Technological advancements that could enhance machine efficiency and impact future import volumes
  • Changes in government policy regarding import tariffs and local manufacturing incentives

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