The forecast for India’s grape imports shows a consistent upward trend from 2024 to 2028, starting at $138.0 million in 2024 and reaching $160.45 million by 2028. This increment suggests a steady market demand and favorable growth conditions. In 2023, the import value stood at $133.5 million, though some variations are estimated.
- For 2024, the forecasted growth over 2023 is approximately 3.4%.
- Between 2025 and 2028, the average compound annual growth rate (CAGR) is estimated to be around 3.8%.
Future trends to watch could include changes in domestic production impacting import needs, global price fluctuations, and shifts in consumer preferences toward organic or locally sourced products, which could affect import volumes.
