In 2023, the import of porcelain ware for laboratory, chemical, and technical use to India stood at a certain volume, and is projected to see a steady increase from 2024 to 2028. The forecasted volume for 2024 is 213.6 thousand kilograms, progressing to 242.22 thousand kilograms in 2028. This projected growth represents year-on-year increases of approximately 3.5% to 3.6%, with a compound annual growth rate (CAGR) of around 3.1% over the five-year forecast period.
Future trends to watch for include:
- Changes in domestic technological advancements influencing import dependency.
- Potential trade policy changes affecting import rates.
- Shifts in demand due to emerging industries and scientific research programs.
