In 2023, India’s import of antimony stood at approximately 1.2780 million kilograms. The forecast data from 2024 onwards indicates a steady, incremental increase in imports, reaching 1.3137 million kilograms by 2028. This scenario underscores a modest annual growth, with a gradual year-on-year increase of around 0.6% to 0.7% projected for each subsequent year over this period. The compound annual growth rate (CAGR) for the forecast period from 2024 to 2028 suggests an average annual increase of around 0.6%.

Future trends to watch for:

Potential policy changes or economic conditions that could affect global supply chains and influence import needs.
Technological advancements in antimony applications, possibly impacting demand.
Market dynamics involving major global producers affecting pricing and availability.