In 2023, the freshwater fish import volume in India was approximately 39.5 thousand metric tons. Forecasted data for 2024 indicates a volume of 41.13 thousand metric tons, demonstrating a year-on-year increase of 4.1%. This trend of growth continues with projected volumes for subsequent years reaching 48.39 thousand metric tons by 2028. The average annual growth rate (CAGR) for this period is 4.1%. These increments highlight a steady rise in imports driven by demand enhancements and changes in domestic supply capabilities.
Future trends to watch include the potential impact of aquaculture advancements, shifts in consumer preference towards domestic fish, and policy changes affecting import regulations, which could alter the projected growth trajectory. Additionally, sustainability concerns and environmental policies may alter the market dynamics significantly.
