Forecast: Prepared or Preserved Salmon Imports to India

The forecasted import value of prepared or preserved salmon into India is set to rise steadily from 2024 to 2028. From 2024 to 2025, the expected growth is approximately 5%, continuing with a similar year-on-year percentage increase into 2026. Each subsequent year up until 2028, a consistent growth is anticipated, culminating in a compounded annual growth rate (CAGR) of roughly 4.6% over the five-year span.

In 2023, the import value stood at 104.2 thousand US dollars. The steady increase indicates a growing demand, likely driven by changing consumer preferences and increased availability.

Future trends to watch for include:

  • Changing consumer dietary preferences towards seafood and healthier protein sources in India.
  • Potential trade agreements or changes in tariffs that may affect import volumes and pricing.
  • Developments in domestic aquaculture impacting the reliance on imported salmon.

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