Forecast: Import of Exfoliated Vermiculite, Foamed Slag, Expanded Mineral to India

In 2023, India's import of exfoliated vermiculite, foamed slag, and expanded mineral stood at approximately 13.4 million USD. The forecast for 2024 marks an increase to 14.069 million USD, continuing a positive trend with a steady year-on-year growth averaging around 5%. By 2028, imports are projected to reach 16.898 million USD, reflecting a compound annual growth rate (CAGR) of about 4.9% over five years.

Future trends to watch for include:

  • An increase in demand driven by the construction and agricultural sectors.
  • Potential shifts based on changes in global trade policies or economic conditions.
  • The impact of local production capabilities and environmental regulations on import volumes.

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