The green coffee bean import in India is anticipated to grow steadily from 1.62 million units in 2024 to 1.79 million units in 2028. This follows actual figures from 2023, where imports stood at 1.58 million units. Year-on-year variations are expected to be consistent, with the increase ranging from approximately 2.5% to 3.0% annually. The compound annual growth rate (CAGR) for the five-year forecast period from 2024 to 2028 is about 2.5%.
Future trends to watch for:
- Increasing consumer demand for specialty and premium coffee varieties.
- Potential impact of global coffee production fluctuations on import volumes.
- Economic factors influencing purchasing power and consumption patterns in India
- Technological advancements in coffee cultivation and processing affecting supply dynamics.