The import volume of colloidal or semi-colloidal graphite to India has shown fluctuations over the last decade. From 2013 to 2023, imports increased from 416.13 thousand kilograms to 1418.1 thousand kilograms, representing a substantial growth. Particularly notable was the 86.01% surge in 2018. The year-on-year variations displayed some volatility, with a significant rise in certain years, such as 43.46% in 2016, followed by declines in others, including -12.67% in 2020. The latest data indicates a moderate increase of 4.26% in 2023 from the previous year, and the compound annual growth rate (CAGR) over the past five years is 2.01%. From 2024 onward, the forecasts suggest continued growth at a modest pace, with a 5-year CAGR of 3.04%, projecting imports to reach 1720.9 thousand kilograms by 2028.
For future trends, watch for:
- Impact of global supply chain dynamics on import volumes.
- Technological advancements in graphite applications increasing demand.
- Regulatory changes influencing import practices and costs.
