In 2023, the import of rigid polyvinyl chloride tubes, pipes, or hoses to India was valued at approximately 6.32 million USD. The forecast data from 2024 to 2028 shows a steady increase in import values, averaging an annual growth rate (CAGR) of around 1.52%. Year-on-year growth rates indicate around 1.60% for 2025, 1.55% for 2026, 1.50% for 2027, and 1.45% for 2028, signifying a consistent upward trajectory.
Future trends to watch for include:
- Potential shifts in global market dynamics affecting PVC availability.
- India’s infrastructure and construction sector demand.
- Government policies on import tariffs and regulations.
- Advances in material technology impacting PVC pipe performance.
