The import of bar, rod, and profiles of copper-zinc base alloys to India is projected to steadily increase over the next five years, starting from 10.589 million kilograms in 2024 and reaching 12.047 million kilograms by 2028. This upward trend suggests an average year-on-year growth rate of approximately 3.3% to 3.6% annually. As of 2023, the import volume stood at an estimated 10.252 million kilograms, indicating consistent demand and a resilient growth trajectory.
Future trends to watch for include fluctuations in global copper prices and India's manufacturing sector's expansion, which might influence import volumes. Trade policies and technological advancements in metal processing could also impact future import dynamics.
