In 2023, live fish imports to India were valued at approximately USD 4.0000 million. The forecasts from 2024 to 2028 show a steady increase in import value, reaching USD 5.8653 million in 2028. Year-on-year growth from 2024 to 2028 averages around 5.39%. The CAGR over the five-year span stands at about 6.06%, indicating a robust growth trajectory. This growth reflects increasing domestic demand for diverse fish species as part of India’s expanding culinary landscape and possibly for ornamental purposes.
Trends to watch include:
- Changes in import regulations and tariffs that might affect trade.
- Shifts in consumer preferences towards sustainable or exotic fish species.
- Potential impacts of environmental policies on fish farming and aqua imports.
