The import forecast reveals a steady decline in the volume of Aluminium Electrolytic Fixed Capacitors to India. Year-on-Year variations are as follows:
- 2024: 1.591 million kg
- 2025: 1.4721 million kg (-7.49%)
- 2026: 1.3556 million kg (-7.91%)
- 2027: 1.2414 million kg (-8.42%)
- 2028: 1.1294 million kg (-9.02%)
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -8.23%, showing a consistent annual decline.
Future trends may be influenced by increased domestic production capabilities, advancements in capacitor technology, and shifts in market demand for different types of capacitors. Government policies on import regulations and incentives for local manufacturing could also play a significant role.
