The import of zinc oxide and peroxide to India is forecasted to increase steadily from 2024 to 2028, with values rising from 21.159 million USD in 2024 to 24.341 million USD in 2028. This indicates a positive trend with year-on-year growth hovering around 3.75% annually. The compound annual growth rate (CAGR) over the five-year period stands at approximately 3.73%. In 2023, actual import values were below the forecasted 2024 figure, underscoring a continued growth trajectory.

Future trends to watch for include:

Fluctuations in global zinc oxide prices impacting import costs.
The effect of government policies on import tariffs and trade agreements.
Shifts in domestic industrial demand especially in the rubber, electronics, and cosmetics sectors.