The import of ether-phenols and ether-alcohol-phenols to India is forecasted to increase steadily from 2024 to 2028, showing positive year-on-year growth. For context, the import value stood at 34.5 million USD in 2023. The projected figures from 2024 indicate a consistent upward trend, with a projected CAGR for these five years reflecting a healthy annual growth rate.
Future trends to watch for include:
- Emerging industrial applications of ether-phenols, potentially driving increased import demand.
- Shifts in global price levels of raw materials impacting import costs.
- Trade policy changes both in India and from major exporting countries.