Based on the provided data, the forecasted import volumes (in thousand kilograms) for the period 2024 to 2028 are as follows:
- 2024: 165.36
- 2025: 169.34
- 2026: 173.24
- 2027: 177.06
- 2028: 180.81
Year-on-year percentage variations over the last two years show a steady increase in imports:
- 2024-2025: 2.41%
- 2025-2026: 2.30%
- 2026-2027: 2.20%
- 2027-2028: 2.11%
The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is approximately 2.25% per year.
Given the consistent growth in imports, future trends to watch include the rising demand from the electric vehicle (EV) market, advancements in battery technology, and potential shifts in global supply chains, which may impact import volumes significantly.
