The import value of vegetable tanning extracts, tannins, and salts to India is forecasted to increase steadily from 2024 to 2028. In 2023, the import value stood at $114.50 million. Over the five-year forecast period, the imports are expected to rise by approximately 2-3% annually, demonstrating moderate growth.

Key trends and future considerations:

Monitor global demand and supply chain changes as they can affect import levels.
Watch for advancements in synthetic alternatives that might reduce dependence on traditional tanning extracts.
Assess trade policies which could impact the cost and volume of imports.