The forecasted import value of non-refillable pocket lighters and gas-fuelled items to India is expected to decline from 2024 to 2028, with values projected at $514.8k for 2024, decreasing annually to $392.62k by 2028. Compared to the actual data available up to 2023, this downward trend indicates a significant reduction in import value. The year-on-year percentage decrease averages around 6.3% each year. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately -6.3%, reflecting a consistent decrease in import values.
Future trends to watch for include technological advancements leading to more refillable or alternative energy sources, potentially affecting the traditional non-refillable market negatively. Additionally, increased domestic production capabilities or changes in import policies could further impact these trends.
