In 2023, the import of cutlery sets not plated with precious metals to India was valued at $1.597 million. From 2024 to 2028, these imports are forecasted to increase steadily, starting at $1.6609 million in 2024 and reaching $1.9463 million by 2028. This represents a compound annual growth rate (CAGR) of approximately 4.05%. Year-on-year growth ranges from 4.42% to 3.68%, indicating a consistent upward trend in imports.
Future trends to watch for include changing consumer preferences towards non-precious metal cutlery, impacts of trade policies, and shifts in global supply chain dynamics that may influence import volumes and values in the coming years.
