Based on the provided data, the import of reclaimed rubber in primary forms or in sheets to India is projected to decrease steadily over the period 2024-2028. In 2024, the forecasted value stands at 297.1 thousand USD, reducing annually to reach 210.84 thousand USD by 2028. This represents a noteworthy downward trend in imports. Year-on-year, the decline from 2024 to 2025 is approximately 7.5%, 2025 to 2026 is 7.9%, 2026 to 2027 is 8.4%, and 2027 to 2028 is 9%. This consistent decrease suggests a compound annual growth rate (CAGR) of -8.04% over the forecast period.

Future trends to watch for:

Focus on domestic production advancements, which may reduce reliance on imports.
Environmental regulations impacting rubber industry practices.
Potential shifts in global trade policies affecting rubber imports.
Technological innovations within the recycling sector that may influence import demand.