In 2023, the import volume of paper and paperboard, coated, impregnated or covered with wax, paraffin wax, stearin, oil or glycerol to India stood at 18.65 million kilograms. From 2024 to 2028, the forecast suggests a steady annual increase in import volumes, rising from 19.306 million kilograms in 2024 to 21.93 million kilograms by 2028. This reflects a compound annual growth rate (CAGR) over these five years, indicating a consistent upward trend. Year-on-year variations exhibit a moderate, sustained increase in import volume.
Future trends to watch for include:
- Potential impacts of trade policies and tariffs on import volumes.
- Shifts in domestic demand for coated and impregnated paper products.
- Technological advancements in paper production and sustainable alternatives.
- Fluctuations in global supply chains due to geopolitical tensions or environmental concerns.
- Economic growth in India driving increased consumption and industrial use.