Forecast: Import of Parts for Domestic Non-Electric Thermic Appliances to India

The import of parts for domestic non-electric thermic appliances to India in 2024 stands at a forecasted 14.328 million USD, representing a slight increase from the actual figures in 2023. The subsequent years show a steady year-on-year growth with values reaching 16.473 million USD by 2028. The compound annual growth rate (CAGR) over this five-year forecast period is moderate, indicating consistent market expansion.

Future trends to watch for include:

  • Rising demand linked to the growing domestic appliance market in India.
  • Potential impacts from trade policies and regulations affecting import dynamics.
  • Technological advancements in thermic appliance parts that could alter import needs.

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