Forecast: Import of Slate to India

The forecasted data indicates a consistent decline in India's import of slate from 2024 to 2028. Starting at 12.43 thousand kilograms in 2024, the figures diminish each year to 8.11 thousand kilograms by 2028. Compared to 2023, the imports show a notable downward trajectory, indicating a possible shift in market dynamics or increased domestic production.

Over this period, from 2024 to 2028, the compounded annual growth rate (CAGR) implies a steady decrease in the volume of slate imports. Stakeholders should note that this presents a long-term declining trend that warrants consideration.

Future trends worth monitoring include:

  • Advancements in domestic slate production capabilities.
  • Potential shifts in construction material preferences and demand.
  • Changes in international trade policies or tariffs that could influence import dynamics.

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