In 2023, India imported Rhodium unwrought or in powder form valued at an estimated 47 million USD. Forecasts for this commodity show a steady growth trend over the next five years, with imports expected to reach 60.032 million USD by 2028. This reflects a compound annual growth rate (CAGR) of approximately 4.7% from 2024 to 2028, indicating a robust increase in demand.

Future trends to watch for:

Potential changes in global Rhodium prices, possibly impacting import volumes and values.
India's industrial and manufacturing sector demands, notably in automotive and electronics, driving import needs.
Policy shifts influenced by sustainability and green technology developments could also affect Rhodium consumption.