The import of prepared or preserved pineapples to India is forecasted to grow steadily from 2.83 million kilograms in 2024 to 3.32 million kilograms by 2028. With a consistent upward trajectory, the average compound annual growth rate (CAGR) is anticipated to be significant for this period. This trend indicates a growing demand in the Indian market. In context, by the end of 2023, the volume stood at an expected value of approximately 2.70 million kilograms, highlighting a healthy increase moving forward.
Future trends to watch for include:
- An increasing inclination towards imported processed fruits due to changing consumer preferences.
- Potential impacts of trade policies and tariffs which could influence import volumes and pricing.
- The evolution of domestic production and how it competes with imported goods in terms of cost and quality.