The import of moulds for mineral materials to India is projected to grow steadily from 2024 to 2028, reflecting a consistent increase in demand or capital investment within the sector. Starting at $159.97 million in 2024, the imports are expected to reach $189.03 million by 2028. This translates to an average annual growth rate (CAGR) over this period. While specific year-on-year variations for 2022-2023 were not provided, the projected CAGR suggests a positive trend in import value.
Future trends to watch for include advancements in domestic mould manufacturing capabilities, potential changes in international trade policies, and the impact of economic factors on construction and manufacturing sectors which may influence import volumes and values.
