Forecast: Import of Worked Mica and Articles of Mica to India

The import of worked mica and articles of mica to India is forecasted to show a steady upward trend from 2024 to 2028. In 2023, the value of imports stood at 17.2 million USD. From 2024 to 2028, the import values forecast an annual average growth of about 3%. Specifically, between 2024 and 2025 the imports are expected to grow by 3.2%, while from 2025 to 2026 a 3% increase is anticipated. This trend continues with a 2.9% increase from 2026 to 2027 and a 2.7% rise from 2027 to 2028.

Future trends to watch for:

  • Changes in global demand and supply dynamics affecting mica prices
  • Potential shifts in India's industrial policy and import regulations
  • Technological advancements impacting mica's usage in electronics and construction
  • Environmental and sustainability factors influencing mining and usage practices

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