The forecast for the import of resinoids to India from 2024 to 2028 shows a consistent, albeit modest, growth trajectory. In 2023, the imports stood at 3.0665 million USD. Observing the year-on-year variations, the imports are forecasted to increase slightly each year, with a compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 reflecting a steady upward trend. This indicates a stable demand and potential growth in the Indian market for resinoids.

Future trends to watch for include:

Potential shifts in global production and trade policies affecting supply chains.
Emerging applications for resinoids in various industries that could spur increased demand.
Currency fluctuations and economic policies that might impact import costs and pricing stability.