Forecast: Import of Maize Bran, Sharps, Other Residues to India

In 2023, maize bran, sharps, and other residues' import to India was recorded at approximately 1.162 million kilograms. Forecasts indicate a steady increase from 2024 to 2028, with values starting at 1.2035 million kilograms in 2024, escalating to 1.3648 million kilograms by 2028. The year-on-year increase from 2024 to 2025 is 3.46%, which illustrates a strong upward trend sustaining approximately the same rate annually. The projected compound annual growth rate (CAGR) for the 2024-2028 period is around 3.19%, indicating consistent growth in imports.

Future trends to watch for:

  • Impact of domestic agricultural policies on import volumes.
  • Global maize production levels influencing supply and prices.
  • Advancements in feed technology potentially reducing reliance on maize by-products imports.
  • Currency fluctuations affecting import cost dynamics.

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