The data indicates a forecasted steady decline in direct transfers on natural gas for Indian consumers from 2024 to 2028, falling from 69.73 million US dollars in 2024 to 58.96 million US dollars by 2028. In 2023, the base year prior to the forecast period, the value stood above the beginning of this forecasted decline. The year-on-year percentage change reflects a consistent decrease, with each subsequent year experiencing a larger drop compared to its predecessor. The cumulative annual growth rate over these five years highlights an average annual reduction in transfers.
Future trends to watch include potential policy shifts that may either mitigate or exacerbate these falling transfers. External factors such as global market conditions, geopolitical developments, and domestic energy policy changes will also significantly influence these trends.
