Forecast: Import of Meat, Fish and Seafood Food Preparations to India

The import of meat, fish, and seafood food preparations to India stood at 5.8923 million US dollars in 2023. The year-on-year variation showed a positive trend of 3.31% from 2022. Over the last two years, the imports increased at an average rate of 3.40% annually, indicating stable demand despite fluctuations in previous years. The five-year CAGR from 2018 to 2023 was 2.54%, reflecting consistent growth. Looking ahead, the forecasted data implies a slower but steady annual growth rate with a five-year CAGR of 2.21%, resulting in an 11.57% total growth by 2028.

Future trends to watch for:

  • Possible shifts in consumer preferences and dietary trends, which might affect import volumes.
  • Impact of trade policies and tariffs on import costs and volumes.
  • Global supply chain disruptions possibly altering the availability of these food preparations.
  • Technological advancements in storage and transportation enhancing import efficiencies.

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