The import of natural gum, resin, gum-resin, and balsam to India is projected to increase steadily over the forecast period from 2024 to 2028, with values rising from $182.65 million in 2024 to $207.63 million in 2028. The year-on-year growth rate is set to moderate, reflecting a stable increase ranging from approximately 3.5% to 3.0% annually. As of 2023, the actual import value stood considerably lower, indicating robust growth anticipation.

Future trends to watch include:

Potential shifts in demand due to changes in consumer preferences or industrial applications.
Influence of trade policies and tariffs which could impact import costs.
Development of domestic alternatives that could reduce dependency on imports.
Global supply chain dynamics affecting availability and pricing.