The import of waste and scrap of cast iron to India sees a steady forecasted growth from 2024 to 2028. The projected values, all measured in million kilograms, show a slight annual increase. Compared to the data for 2023, which is considered the base year, the import levels indicate a gradual rise. Specifically, from 2024 to 2028, the imports are estimated to grow smoothly, revealing a consistent upward trend.
Year-on-year variations report minimal differences, reflecting stability in import volumes. Over the long-term period from 2024 to 2028, the compound annual growth rate (CAGR) indicates stable, albeit modest annual growth across these years.
Future trends worth noting include potential impacts from changes in regulation and policy on waste management in India, advancements in recycling technologies, and fluctuations in international scrap metal prices which could affect import volumes.
