The forecast for the import of aluminum bars, rods, and profiles to India indicates a steady increase from 19.268 million kilograms in 2024 to 21.072 million kilograms by 2028. This shows a consistent growth trajectory, averaging around 2% annually over the five-year period.
In 2023, the volume of imports stood at approximately 18.899 million kilograms. Comparing 2024 to 2023, there’s a predicted year-on-year increase of around 1.95%. This growth pattern continues consistently, peaking in 2028 with a projected import volume growth of approximately 2.12% from the previous year.
Future trends to watch for include potential impacts from global economic conditions, changes in domestic policies affecting imports, fluctuations in aluminum demand from key Indian industries such as automotive and construction, and developments in trade relationships that could influence costs and supply chain dynamics.
