The import of magnesium chloride to India is projected to see a steady increase from 2024 to 2028. In 2023, the import volume stood at 5.8 million kilograms. The forecast indicates a gradual growth, reaching 7.2873 million kilograms by 2028. Year-on-year growth estimates show an increase of approximately 5% from 2024 to 2025, continuing this upward trend consistently across subsequent years. The compound annual growth rate (CAGR) over the forecast period is expected to average around 4.5%.

Future trends to watch for include:

Potential shifts in global and domestic demand for magnesium chloride, particularly in industrial and agricultural sectors.
Changes in import policies and tariffs affecting supply chain dynamics.
Technological advancements that might reduce dependency on imported magnesium chloride.