Based on historical data, imports fluctuated significantly, decreasing from 950.9 million USD in 2013 to 536.88 million USD in 2020, but then picking up to 647.95 million USD in 2022. The year-on-year variation shows a trend towards stabilization with minor annual increases post-2022, projecting a continued modest rise up to 651.28 million USD by 2028. The forecasted 5-year CAGR from 2023-2028 is a marginal 0.07%.
Potential factors influencing future imports include economic stability, domestic sugar production, government policies on imports, and global sugar prices. Monitoring these elements will be crucial for accurate forecasting.
