Based on the provided data, the forecasted import of tableware and kitchenware of porcelain or china to India is expected to increase from 8.0209 million kilograms in 2024 to 9.0925 million kilograms in 2028. The imports stood at 7.75 million kilograms in 2023, suggesting a steady year-on-year growth in volume.
The year-on-year increase is projected to be 3.45% from 2024 to 2025, 3.26% from 2025 to 2026, 3.10% from 2026 to 2027, and 2.95% from 2027 to 2028. The compound annual growth rate (CAGR) over the five years from 2023 to 2028 is approximately 3.2%.
In the future, trends to watch for include changes in consumer preferences towards more sustainable and eco-friendly products, potential impacts of trade policies, and fluctuations in raw material prices which could affect both demand and supply dynamics in the market.
