The import value of zinc and related articles to India stood at approximately $1.0486 billion in 2023. Forecasts predict a steady increase in imports reaching $1.275 billion by 2028. Year-on-year growth rates show a positive trend with exports increasing by about 4.14% annually from 2024 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be approximately 4%. This reflects a consistent upward trajectory in India’s zinc importation activity.
In terms of future trends, the demand for zinc in India is likely to be influenced by factors such as industrial growth, particularly in the construction and automotive sectors, as well as changes in global zinc prices. Additionally, environmental regulations and technological advancements in zinc processing could further impact imports. Stakeholders should monitor these aspects closely.
