From 2024 to 2028, India's grapefruit imports are forecasted to increase steadily, starting from 648.2 thousand US dollars in 2024 and rising to 772.83 thousand US dollars in 2028, reflecting a consistent growth trajectory in import value. Although the actual figure for 2023 is not specified, these projections suggest a positive year-on-year growth trend, with the compound annual growth rate (CAGR) over the five years underlining this upward movement.
Future trends to watch for include:
- Fluctuations in global grapefruit supply and pricing could impact import values.
- India’s domestic demand growth for citrus fruits as consumer preferences evolve.
- Potential governmental trade policies affecting import tariffs or restrictions.