In 2023, India's import of salt, sulphur, earth, stone, plaster, lime, and cement stood at an estimated value of 2.985 billion US Dollars. The forecasted figures for 2024 to 2028 indicate a steady increase, with compound annual growth rate (CAGR) averaging around 1.7% over the five-year period. Year-over-year increments in this sector suggest a growth trend consistently under 3% annually, signaling a moderate escalation in demand and importation rates.
Future trends to monitor may include changes in domestic production capabilities, alterations in construction and infrastructure growth patterns, global pricing variations, and policy shifts regarding import tariffs or trade agreements. These factors could influence the projected import values significantly.
