Forecast: Import of Rosin and Resin Acids to India

The imports of rosin and resin acids to India are forecasted to gradually increase from $62.356 million in 2024 to $63.603 million in 2028. The year-on-year growth rates are steady and indicate a slight upward trend in the import values. In 2023, the actual import value was below these forecasted figures, illustrating an anticipated consistent growth trend.

Key trends to watch include:

  • Monitoring fluctuations in import demand due to changes in domestic production capacities or shifts in industry demand.
  • Watching the impact of potential trade policies or economic shifts in major exporting countries that could affect prices or supply chains.
  • Observing technological advancements within industries such as adhesives, inks, and coatings that might influence import requirements for rosin and resin acids.

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