In 2023, the import value of flour, meal, powder of fruit and nut, citrus, or melon peel to India stood at USD 8.35 million. Analyzing the forecast from 2024 to 2028, a steady growth trend is observed. The import value is projected to increase annually, reaching USD 10.351 million by 2028. This reflects a compounded annual growth rate (CAGR) of approximately 4.2% over the five-year period.
Future trends to watch for:
- Potential trade policy shifts affecting import costs and regulations.
- Demand fluctuations due to changing consumer preferences and health trends.
- Impact of global economic conditions influencing trade flows and currency exchange rates.