As of 2023, the export of palladium in semi-manufactured forms from India stood at 255.66 kilograms. The forecasted data indicates a gradual decline from 2024 to 2028, with values dropping from 252.89 kilograms in 2024 to 242.16 kilograms in 2028. This corresponds to the following yearly declines:
- 2024: -1.08%
- 2025: -1.09%
- 2026: -1.08%
- 2027: -1.07%
- 2028: -1.06%
Observing the trend over the last two years, the export volume decreased from 255.66 kilograms to 252.89 kilograms at a rate of approximately -1.08% per year. The compound annual growth rate (CAGR) over the next five years is -1.08%.
Future trends to watch for include potential fluctuations in global palladium demand, changes in domestic mining and refining capabilities, and shifts in trade policies that may affect export volumes. Monitoring these factors will be crucial for a comprehensive analysis of future export trends for palladium in India.
