The projected import of shelled groundnuts in India shows a steady increase from 1.6925 million kilograms in 2024 to 1.9907 million kilograms in 2028. Comparing to the past actual data from 2023, this reflects a consistent year-on-year increase.
Key variations to note:
- The increase from 2024 to 2025 is approximately 4.54%.
- The increase from 2025 to 2026 is approximately 4.26%.
- The increase from 2026 to 2027 is approximately 4.00%.
- The increase from 2027 to 2028 is approximately 3.77%.
- The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is roughly 4.13%.
Looking ahead, factors such as domestic production levels, international market conditions, and changing consumer preferences should be closely monitored as they might influence the imports of shelled groundnuts in the coming years.
