The import of coal-tar distillation products to India shows a steady increase from 2024 through 2028, with values rising from $693.64 million in 2024 to $803.89 million in 2028. Compared to 2023, this indicates a consistent upward trend. The year-on-year growth ranges from approximately 4% to 5%, reflecting a stable demand. The compound annual growth rate (CAGR) over this five-year period is expected to be around 4.8%.
Future trends to watch for include potential shifts in global coal-tar availability, regulatory changes impacting imports, and fluctuations in oil-related industrial activities in India. These factors could influence import values and demand in subsequent years.
