In 2023, the import value of salts and esters of citric acid to India was approximately 11.7 million US dollars. The forecasted data for the following years shows a steady growth, with an estimated value of 12.102 million US dollars in 2024, growing to 13.523 million US dollars by 2028. The year-on-year variation indicates a consistent upward trend: approximately 3.03% from 2024 to 2025, 2.88% from 2025 to 2026, 2.75% from 2026 to 2027, and 2.61% from 2027 to 2028. The five-year compound annual growth rate (CAGR) is expected to be around 3.00%, reflecting a stable growth trajectory.
Future trends to watch include potential fluctuations in global demand for salts and esters of citric acid, changes in production levels within India that might affect import needs, and any shifts in India’s trade policies. Monitoring these factors will be essential for accurately predicting future import volumes and values.
