In the forecasted period from 2024 to 2028, the live, fresh, or chilled scallops imports to India exhibit a consistent upward trend. Starting with a value of $15.27 thousand in 2024, the imports are projected to reach $17.08 thousand by 2028. Assuming the 2023 data serves as the baseline, the year-on-year increase is relatively steady, suggesting a moderate but consistent growth pattern.
Future trends to watch for:
- Potential fluctuations in import costs due to global economic conditions or shifts in international seafood trade policies.
- Rising domestic demand driven by increased popularity and consumption of seafood in urban areas.
- Impact of environmental regulations on scallop fishing and importation practices.