The gross production value of dry onions in India is forecasted to increase steadily from 2024 to 2028, reaching 14.089 billion USD PPP by 2028. In 2023, the actual production was lower, marking a growing trend into the forecast period. Year-on-year growth percentages reveal a consistent upward trend, reflecting robust increases in production value with an average CAGR over these five years. The trend indicates an average yearly increase in demand and possibly technological improvements in agriculture.
Future trends to watch for include:
- Impact of climate change on crop yields.
- Market response to potential changes in trade policies.
- Technological advancements in onion farming and supply chain efficiencies.
- Consumer preference and shifts in domestic demand patterns.
