Forecast: Import of Table and Kitchen Articles and Parts of Stainless Steel to India

In 2023, the import of table and kitchen articles and parts of stainless steel to India stood at 3.1 million kilograms. The forecast from 2024 to 2028 shows a consistent increase, with growth from 3.2012 million kilograms to 3.7524 million kilograms. Year-on-year growth rates are approximately 4.4% from 2024 to 2025, 4.2% from 2025 to 2026, 3.9% from 2026 to 2027, and 3.7% from 2027 to 2028. The compound annual growth rate (CAGR) for the five-year period is estimated at around 4.1%, indicating a steady upward trend.

Future trends to watch for:

  • Potential impact of domestic production capacity increases, which could reduce dependency on imports.
  • Influence of international trade policies and tariffs on import costs.
  • Changes in consumer preferences towards environmentally sustainable products could affect import demand.

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