The forecasted import volume of ash or residues containing mainly zinc to India shows a steady increase from 2024 to 2028. Starting at 45.273 million kilograms in 2024, it is expected to reach 46.922 million kilograms by 2028. This represents a compound annual growth rate (CAGR) over the five-year period.
Comparing year-on-year growth from 2024 to 2028:
- 2025: 0.94%
- 2026: 0.91%
- 2027: 0.88%
- 2028: 0.86%
Given the CAGR over these years, we observe a modest, yet steady uptrend in imports.
Future trends to watch include the global zinc supply-demand dynamics, changes in Indian industrial policy, and the economic impact of international trade agreements which could influence the import volumes. Monitoring environmental regulations regarding waste recycling is also crucial, as this might affect the market for such residues.
