In 2023, the import volume of non-refractory mortars and concretes to India was slightly below the 2024 projection of 13.532 million kilograms. The forecast indicates a steady rise in imports by approximately 2.6% annually, with figures reaching 14.945 million kilograms by 2028. This consistent year-on-year increase points to a Compound Annual Growth Rate (CAGR) of around 2.6% from 2024 to 2028. This growth trend suggests a strengthening demand in the Indian market.

Future trends to monitor include:

Impact of infrastructure developments on import needs.
Technological advancements in construction materials reducing dependence on imports.
Economic policies affecting import tariffs or restrictions.
Shifts towards sustainable and green building materials.