Based on the provided data, the predicted import values of Polymers of Vinyl Chloride to India are as follows:
- 2024: $2.8628 Billion
- 2025: $2.975 Billion
- 2026: $3.0849 Billion
- 2027: $3.1927 Billion
- 2028: $3.2983 Billion
Year-on-year variations in percentage are:
- 2024-2025: 3.92%
- 2025-2026: 3.70%
- 2026-2027: 3.50%
- 2027-2028: 3.31%
Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is approximately 3.61%.
Key trends to watch include the increasing demand for vinyl chloride polymers in the automobile and construction sectors, driven by economic growth and urbanization in India. Additionally, fluctuations in global raw material prices and advancements in polymer processing technologies could impact future import values.
