In 2023, the imports of statuettes and ornamental articles of porcelain or china to India stood at approximately 3.175 Million US Dollars. Forecast data from 2024 to 2028 indicates a steady compound annual growth rate of 3% over the next five years. Year-on-year, imports are expected to increase: by 4.43% in 2025, 4.17% in 2026, 3.92% in 2027, and 3.7% in 2028.
Future trends to watch for include:
- The influence of India's evolving middle class on luxury and decorative consumption.
- Impact of domestic craft revival, affecting import demand.
- Potential trade policy changes impacting import tariffs or restrictions.