The forecasted data for the import of parts of lighters, other than flints and wicks to India show a gradual decline from 175.22 thousand kilograms in 2024 to 170.29 thousand kilograms in 2028. Based on these figures, the year-on-year variation shows a decreasing trend, with the percentage decline each year being approximately 0.7%. The compound annual growth rate (CAGR) over this period is negative, indicating a consistent drop by around 0.7% annually. As of 2023, the volume stood at 176 thousand kilograms.
Future trends to watch include changes in consumer preferences towards alternatives or innovations in lighter technology which could further impact the import demand. Additionally, domestic manufacturing capabilities or changes in trade policies may influence the import trends in subsequent years.
