In 2023, the import of oil or petrol filters for internal combustion engines to India stood at a previously recorded level before the forecasted increase. Forecasted figures indicate a gradual increase in import value from $87.442 million in 2024, growing year-on-year by approximately 4.11% to 2025, about 3.86% to 2026, and continuing a similar trend with a 3.63% increase to 2027. By 2028, imports are anticipated to reach $101.35 million, reflecting a compound annual growth rate (CAGR) of around 3.73% from 2024 to 2028.
Future trends to watch for include technological advancements in filter efficiency, shifts towards alternative energy vehicles reducing dependence on internal combustion engines, and potential trade policy changes influencing import dynamics.
