Year-on-Year Variation:
2022: 4.87%
2023: 4.55%
CAGR for the Last 5 Years: 4.25%
Recent data indicates a decline in growth rate for acrylic polymer imports into India from 26.78% in 2021 to 4.55% in 2023. The forecasted 5-year CAGR from 2023 to 2028 stands at 3.21%, suggesting a modest growth trend.
Future trends to watch include increasing domestic production capability, potential trade policies, and global supply chain shifts that may further influence imports.
