In 2023, the import of Antimony Ores and Concentrates to India stood at a significant baseline, facilitating projections for future years. From 2024 to 2028, the forecasted value shows a steady year-on-year increase, with the import value rising from 27.141 million USD in 2024 to 31.251 million USD in 2028. The projected Compound Annual Growth Rate (CAGR) over this period reflects a consistent upward trend in demand or pricing.
Future trends to watch for include:
- Potential changes in global supply dynamics or geopolitical factors impacting antimony availability.
- Technological advances in antimony's end-uses that may alter its demand trajectory.
- Fluctuations in India's industrial growth, especially in sectors like electronics and battery production, which use antimony.