From 2024 to 2028, the import value of Acrylonitrile-Butadiene Rubber (NBR) latex to India is forecasted to increase steadily, reaching up to 1.2317 million USD by 2028. With a cautious CAGR analysis, the five-year average annual growth rate suggests a moderate upward trajectory.

Key future trends to watch include:

Increasing demand in various sectors such as automotive and construction, potentially driving higher imports.
Influence of global market prices on India’s import trends given its reliance on international suppliers.
Potential policy shifts in India focusing on local production to minimize import dependence.