The forecast for India's import of Andalusite, Kyanite, and Sillimanite shows a consistent upward trend from 2024 to 2028, moving from 19.873 to 22.596 million kilograms. In 2023, the import volume stood notably lower when compared to 2028, indicating a steady increase. Year-on-year growth can be observed, with an annual percentage increase averaging around 3.25% over the forecast period.
Future trends to watch for include:
- Potential disruptions due to geopolitical shifts affecting raw materials supply.
- Technological advancements that may impact demand or processing efficiency.
- Increased domestic production possibly reducing reliance on imports.