The import of fresh or chilled live mussels to India is projected to decrease from a value of 17.2 thousand US dollars in 2024 to 16.17 thousand US dollars in 2028, reflecting a downward trend. Notably, the year-on-year variations show a consistent decline: 2025 forecasts a 1.5% decrease, 2026 is projected to see a 1.53% decline, 2027 anticipates a 1.56% reduction, and 2028 is set for a 1.52% decrease. The forecasted compound annual growth rate (CAGR) suggests a consistent average decline over these five years, indicating a strategic adjustment might be needed to reverse this trend.
Future trends to watch for include:
- Changes in consumer preferences or dietary patterns in India that could affect demand.
- Economic factors, such as changes in tariff policies or currency fluctuations, impacting import costs.
- Environmental factors, such as impacts on mussel supply chains due to climate change or overfishing concerns.
