In 2023, India imported acetic acid at approximately 1.15 billion kilograms. Forecasts project an increase with imports reaching 1.2045 billion kilograms in 2024, followed by steady increments, hitting 1.379 billion kilograms by 2028.

The year-on-year growth rate for 2024 is around 4.74%, with subsequent years showing 3.74% in 2025, 3.52% in 2026, 3.34% in 2027, and 3.16% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is roughly 3.70%.

Future trends to watch for:

Potential shifts in domestic acetic acid production capacity impacting import volumes.
Global market price fluctuations and their implications on import costs.
Policy changes affecting trade tariffs and regulations for chemical imports in India.