In 2024, the forecasted import value of flat plates, sheets, and strips of copper-zinc alloy to India is set at 16.197 million USD. The data outlines a gradual increase each year, reaching 17.768 million USD by 2028.
The year-on-year growth from 2024 to 2028 demonstrates a consistent upward trend, with the import value rising steadily over this period. The compound annual growth rate (CAGR) for the forecasted period (2024-2028) indicates a positive average annual increase, signaling a stable demand for these copper-zinc alloy products in India over the upcoming years.
Future trends to watch for include:
- Shifts in global copper and zinc market prices, which could impact the import values.
- Changes in India's industrial and manufacturing sector demands, influencing the necessity for such alloys.
- Potential improvements in domestic production that might affect import needs.
