The forecast for India's centrifugal sugar imports suggests a gradual increase from 1.32 million metric tons in 2024 to 1.42 million metric tons in 2028. This marks a continuous upward trend. The anticipated compound annual growth rate (CAGR) over the five-year period is approximately 1.83%, indicating stable growth.
Future trends to monitor include changes in domestic sugar production levels, government policy adjustments regarding tariffs and subsidies, and global market dynamics such as production variations in key exporting countries. Also, tracking potential shifts in consumer habits and dietary preferences towards or away from sugar consumption will be crucial.
