In 2023, India's import of fresh or chilled onions and shallots was recorded at around 5.9 million kilograms. Forecasts indicate a downward trend with a continual decrease in imports from 2024 through 2028, starting at 5.5051 million kilograms in 2024 and decreasing to 3.7215 million kilograms in 2028. This represents an average annual decline (CAGR) of approximately 9.53% over the five-year period.
Future trends to watch for:
- Potential improvement in domestic production reducing import dependency.
- Impact of government trade policies on import volumes.
- Global pricing dynamics influencing India's import decisions.
