The import of peel of citrus fruit or melons to India is forecasted to rise steadily from 2024 to 2028, with projected volumes increasing from 22.63 thousand kilograms in 2024 to 26.59 thousand kilograms in 2028. This displays a consistent year-on-year growth of approximately 4.3% between 2024 and 2028. In contrast, prior to the forecast period, the actual data in 2023 can provide a useful reference for initial baseline comparison. Observing the consistent growth trend, the compound annual growth rate (CAGR) over the forecasted five-year period is likely to reflect a moderate but stable increase in imports.
Future trends to watch for include:
- Changes in the global supply chain dynamics affecting citrus peel availability.
- Evolving consumer preferences towards natural and organic products, potentially impacting demand.
- Indian government trade policies that could affect import tariffs and regulations.
- Fluctuations in domestic citrus production influencing import reliance.
