The forecast for the import of dried shelled kidney beans and white pea beans to India from 2024 to 2028 shows a steady increase in value. In 2024, imports are expected to reach $116.96 million, growing to $128.29 million by 2028. This indicates a compound annual growth rate (CAGR) of approximately 2.35% over this period. Comparing the data from previous years, the trend highlights consistent growth in demand.
Potential future trends to watch include:
- Impact of domestic production changes on the import demand for beans.
- Fluctuations in global commodity prices affecting import values.
- Policy shifts regarding import tariffs and trade relationships, especially concerning food security strategies.