In 2023, India imported 73.5 million kilograms of Maleic Anhydride. The forecasted import volumes indicate a steady growth trend from 2024 to 2028. Notably, the year-on-year growth rates are approximately 3.76% from 2024 to 2025, about 3.55% from 2025 to 2026, close to 3.35% from 2026 to 2027, and around 3.18% from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at about 3.54%.
Future trends to watch include potential shifts in global supply chains impacting import volumes, changes in domestic demand driven by the polymer and chemical manufacturing sectors, and policy changes related to trade tariffs that may influence India's import levels.
