In 2023, the import of vermiculite, perlite, and chlorites to India stood at an actual value of approximately 7.25 million USD. Forecasted data for the period 2024 to 2028 shows a steady increase, with the value rising from 7.4971 million USD in 2024 to 8.4577 million USD in 2028. This reflects a year-on-year growth rate of approximately 3% to 4% per annum. Over the five-year forecast period, the compound annual growth rate (CAGR) is roughly projected to be 3.21%, indicating a moderate upward trend in imports.

For future trends, watch for:

Potential fluctuations in global supply chain policies which could impact importation rates.
Domestic production adjustments that may influence the necessity for imports.
Economic factors such as changes in trade agreements or shifts in foreign exchange rates.
Technological advancements that might affect the demand for these minerals in varying industrial applications.