India's predicted imports of liquefied butanes are set to grow steadily from 2024 to 2028. Starting at 8.5578 billion kilograms in 2024, the volume is expected to increase to 9.9062 billion kilograms by 2028. This upward trend indicates consistent growth year-on-year: 4.1% in 2025, 3.8% in 2026, 3.6% in 2027, and 3.4% in 2028. The Compound Annual Growth Rate (CAGR) over these five years stands at approximately 3.75%. In comparison, the actual import volume in 2023 was slightly lower, highlighting a positive trend moving forward.
Future trends to watch for include potential policies affecting import levels, shifts in domestic production capabilities, international market fluctuations in liquefied butane prices, and advancements in alternative energy sources impacting butane demand. Monitoring these factors will be crucial for predicting long-term import behaviors.
