In 2023, India imported copper ores and concentrates valued at a certain volume in million kilograms. The forecasted data for 2024 shows an import volume of 872.98 million kilograms, which decreases steadily to 692.83 million kilograms by 2028.
- Year-on-year percentage variation from 2024 to 2025 is -5.32%
- Year-on-year percentage variation from 2025 to 2026 is -5.50%
- Year-on-year percentage variation from 2026 to 2027 is -5.70%
- Year-on-year percentage variation from 2027 to 2028 is -5.94%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is -4.46%, indicating a gradual decline in imports of copper ores and concentrates.
Future trends to watch for include changes in domestic production capacity, potential shifts in global copper ore supply chains, and any regulatory changes that could impact the efficiency of imports.
