The import of rare gases to India is projected to consistently increase between 2024 and 2028, starting at $36.692 million and reaching $41.712 million. In 2023, the imports stood at $35.587 million, marking a steady growth trend. The year-on-year variations indicate slight increases, with the forecast from 2024 to 2028 showing a modest growth averaging between 3% to 4% annually. This steady rise reflects a growing demand for rare gases in various industries within India across this period.
Future trends to watch for include potential shifts in global rare gas supply chains, technological advancements in industries utilizing these gases, and any shifts in India's industrial policy or economic conditions that may affect the demand for rare gases.
