The import of cereal bran, sharps, and residue (excluding maize, wheat, and rice) to India is projected to display a stable year-on-year growth from 2024 to 2028, with values increasing incrementally from approximately 9.04 to 9.10 million USD. This indicates a consistent upward trend, with an average growth rate (CAGR) estimated over this five-year period. In 2023, the import value stood as a base for comparison at just below the projected 2024 value, marking the beginning of this growth trajectory.
Future trends to watch for include potential market changes driven by India's domestic agriculture policies, international trade agreements, and shifts in consumer demand for alternative cereal residues. Monitoring these factors will be crucial for understanding potential variances in forecasted import values.
