The import of Diethanolamine to India in 2024 is forecasted at 15.923 million kilograms, marking a slight increase from prior years. By 2025, it is expected to grow to 16.372 million kilograms, continuing to 16.813 million kilograms in 2026, 17.245 million kilograms in 2027, and reaching 17.668 million kilograms in 2028. Year-on-year, the percentage increase ranges from 2.82% to 2.45%, indicative of a steady growth trend. By calculating the compound annual growth rate (CAGR) over five years, the average annual increase is approximately 2.61%. In comparison, the import volume in 2023 stood at 15.500 million kilograms.
Future trends to watch include the impact of regulatory changes on chemical imports, advancements in domestic production capacities, and fluctuations in global market prices for Diethanolamine which could influence import volumes. Monitoring these factors will be crucial for anticipating further trends in Diethanolamine imports to India.
