Based on the data provided, the import value of Vitamin B1 to India is forecast to increase from 2024 to 2028. The values in million US dollars are as follows: 2024 (39.117), 2025 (40.825), 2026 (42.498), 2027 (44.139), and 2028 (45.746). In comparison to the estimated value for 2023, this trend represents a year-on-year increase of approximately 4.37% from 2024 to 2025, 4.1% from 2025 to 2026, 3.9% from 2026 to 2027, and 3.64% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the forecasted period is around 3.75%.
Future trends to watch include potential changes in international trade policies, fluctuations in global Vitamin B1 supply and demand, and any advancements in synthetic vitamin production techniques. Awareness of these factors can help anticipate shifts in import requirements and market dynamics.
