Forecast: Import of Plate, Sheet, Strip of Copper-Tin Alloy in Coils to India

The forecast for imports of plate, sheet, and strip of copper-tin alloy in coils to India shows a steady increase from 2024 to 2028, starting at 1.5353 million kilograms in 2024 and reaching 1.6508 million kilograms in 2028. In 2023, the volume was approximately 1.505 million kilograms, indicating a consistent upward trend.

Year-on-year growth is mild but positive, ranging from approximately 1.94% to 1.73% annually. The compound annual growth rate (CAGR) over this five-year period is expected to be about 1.81%.

Future trends to watch for include:

  • Global copper prices and their impact on import figures.
  • India's domestic manufacturing growth in copper-tin alloys.
  • Economic policies affecting trade and import duties in India.
  • Technological advancements affecting production efficiency in the copper industry.

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