In 2024, the import of stone setts, curbstones, and flagstones to India is forecasted to be 49.56 thousand kilograms. This marks a downward trend compared to the previous actual figures in 2023. The projected year-on-year decreases are 6.82% in 2025, 7.16% in 2026, 7.55% in 2027, and 8.00% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 projects a 7.19% annual decrease.
Future trends to watch for include:
- Potential impact of economic factors and infrastructure projects on import volumes.
- Possible shifts in trade policies affecting stone imports to India.
- Technological advancements in construction materials that may affect demand.