The forecast for India's groundnut export volumes shows a consistent downward trend from 673,000 metric tons in 2024 to 609,000 metric tons by 2028. Compared to the 2023 figures, this represents a significant decline. The year-on-year change ranges from 2.5% to 2.4%, indicating a steady decrease in exports over each successive year. The compound annual growth rate (CAGR) for the five-year period underscores this declining trend, presenting an average annual decrease.
Future trends to watch include potential shifts in global demand, changes in agricultural practices, and policy adjustments within India that could impact production and export strategies. Additionally, climate change effects on productivity and emerging competitors in the global market could influence export volumes further.
