Forecast: Import of Natural Gum, Resin, Gum-Resin, Balsam to India

The import of natural gum, resin, gum-resin, and balsam to India exhibits a steady upward trend, from 31.354 million kilograms in 2024 to 33.395 million kilograms in 2028. The year-on-year growth indicates a consistent increase, closely aligned with past trends observed in similar materials. As of 2023, the import volume stood slightly lower, suggesting a healthy growth trajectory over the forecast period.

Future trends to watch for:

  • Potential shifts in global supply chains and their impact on availability and import costs.
  • The influence of technological advancements on the sourcing and processing within the industry.
  • Changing environmental regulations and their implications on import volumes.
  • Demand fluctuations driven by alternative materials and their competitive pricing.

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