The forecast for India's import of artificial graphite shows a consistent upward trend from 2024 to 2028, with values rising from 24.184 million kilograms in 2024 to 28.921 million kilograms in 2028. In 2023, the actual import figure stood at 23.00 million kilograms. The year-on-year growth is steady, indicating a healthy increase in demand, with an overall compound annual growth rate (CAGR) of approximately 4.5% expected over these five years.
Future trends to watch for include potential diversification in suppliers, impacts of domestic production capabilities ramping up, and any changes in government import policies. Technological advancements in industries using artificial graphite may further drive demand.
