The import of cooking appliances for liquid fuel of iron or steel to India is forecasted to grow steadily from 2024 to 2028. With a predicted starting volume of 438.12 thousand kilograms in 2024, it is expected to reach 488.96 thousand kilograms by 2028. The year-on-year growth reflects a consistent upward trend, with an exemplary Compound Annual Growth Rate (CAGR) over the five-year period. As of the end of 2023, the import volume was slightly below the forecasted value for 2024, marking a positive trajectory right from the start of the forecast period.
Future trends to watch for include the shifts in consumer preference towards more environmentally friendly cooking appliances, influencing import volumes. Additionally, trade policy changes and advancements in alternative cooking technologies could impact the demand for these traditional appliances in the coming years. Close attention should be paid to these factors which could alter the trend significantly.
