Forecast: Import of Powders of Iron or Steel Other Than Alloy to India

The import volume of iron or steel powders other than alloy to India was estimated at 21.799 million kilograms for 2024. A year-on-year increase is noticed with 3.2% in 2025, 3% in 2026, 2.9% in 2027, and 2.7% in 2028. These figures indicate a steady upward trend, suggesting a compound annual growth rate over these five years around 3% when considering values beginning in 2024.

Future trends to watch include potential fluctuations due to global supply chain dynamics and a shift to sustainable materials. Economic conditions, trade policies, and technological advancements could also impact these forecasts.