Forecast: Import of Refined Unwrought Lead to India

In 2023, India's import of refined unwrought lead stood at approximately 135 million kilograms. From 2024 to 2028, forecasts suggest a steady annual increase, rising from 137.91 to 148.88 million kilograms. The year-on-year growth rate remains consistent, averaging around 1.9% each year over this period. The compound annual growth rate (CAGR) between 2024 and 2028 is projected to be about 1.9%. Such data implies a moderate but consistent upward trend in import volumes.

Future trends to watch for include:

  • Shifts in global lead demand and supply dynamics, impacting price and volume.
  • Technological advancements in manufacturing and recycling, affecting lead consumption.
  • Environmental regulations influencing the lead market.
  • Economic factors including industrial growth rates in India that may alter lead import needs.

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