In 2023, the imports of prepared or preserved crustaceans and molluscs to India stood at 7.4 million USD. The forecasted data indicates a consistent year-on-year increase from 2024 to 2028. Specifically, imports are expected to grow from 9.0613 million USD in 2024 to 16.097 million USD in 2028. This reflects a strong growth pattern, with year-on-year variations showing a healthy positive trend as the market demand expands. Over the five-year period, the compound annual growth rate (CAGR) is notably robust, reflecting increasing consumption and market potential in India.
Future trends to watch for include the impact of evolving consumer preferences, improvements in cold chain logistics in India, and trends in global seafood demand. Monitoring trade policies and tariff changes will also be essential, as these can significantly influence import dynamics and pricing structures.
