In 2023, the import volume of hydrogen chloride (hydrochloric acid) to India stood at approximately 164.67 thousand kilograms. The forecast from 2024 to 2028 shows a slight annual decline in volume, from 163.45 thousand kilograms in 2024 to 158.71 thousand kilograms in 2028. The year-on-year variation over the last two years displays a steady decrease of approximately 0.7% per year. The compound annual growth rate (CAGR) over the past five years suggests an average annual decline of about 0.74%.
Future trends to watch for include potential domestic production increases, changes in industrial demand, and shifts in trade policies or tariffs that could either mitigate or exacerbate the forecasted decline in imports.
