In 2023, the import of antimony oxides to India stood at approximately 3.9 million kilograms. The forecasted data from 2024 to 2028 indicates a consistent year-on-year growth in import volume, reflecting an increase in demand or changes in production capabilities. The percentage growth trajectory is modest, with an annual increase ranging from around 3.2% to 3.6%, culminating in a compound annual growth rate (CAGR) of approximately 3.6% over the five years. The duplicate data entries provided for each year should be considered as consistently reinforcing the forecast.
- Rising environmental regulations encouraging flame retardants, in which antimony oxides are utilized, may drive future demand.
- Potential developments in antimony production or trade agreements affecting global supply could impact future import volumes to India.
