In 2023, the import value of prepared or preserved sardine, brisling, and sprat to India stood at approximately 78.5 thousand US dollars. Based on the forecasted data, this market is expected to experience consistent growth over the next five years. Year-on-year growth rates from 2024 to 2028 indicate a steady increase, with values reaching 98.6 thousand US dollars by 2028.
- 2024 to 2025: +5.08%
- 2025 to 2026: +4.75%
- 2026 to 2027: +4.45%
- 2027 to 2028: +4.17%
- CAGR (2024-2028): +4.67%
Future trends to watch for include shifts in consumer preferences towards sustainable and healthy food options, changes in trade policies impacting import tariffs, and fluctuations in global sardine supply that could affect the import dynamics in India.
