The import of collages and similar decorative plaques to India is projected to decrease steadily from 70.59 thousand kilograms in 2024 to 61.75 thousand kilograms in 2028. The steady decline in import volume indicates a shrinking market for these decorative items. Compared to 2023, the year-on-year variation shows an approximate annual decrease of 3.2% from 2024 onwards. Over the last two years, the decline rate remains consistent, while the five-year CAGR indicates an average annual reduction of around 3.2%.
Future trends to watch for include the potential impact of increased local production, changing consumer preferences towards digital or locally crafted alternatives, and fluctuating import tariffs that could further influence import volumes.