The forecast for the import of Aniline to India from 2024 to 2028 shows a steady increase, with values rising from 206.27 to 244.79 million US dollars. This marks a consistent year-on-year growth rate of approximately 4% to 5%.
As of 2023, the import value stood below this level, indicating a positive trend in demand and economic growth. The compound annual growth rate (CAGR) for the five-year period starting from 2024 suggests a moderate increase in imports by an average of around 4.2% annually.
Future trends to watch for:
- Changes in domestic production and consumption levels of aniline.
- Global supply chain disruptions or policy changes impacting trade.
- Developments in industries relying heavily on aniline, such as dyes and chemicals.