In 2024, the import of fresh plums to India is forecasted at 5.501 million USD. The projected data for the subsequent years indicates a steady increase in import value: 5.7139 million USD in 2025, 5.9226 million USD in 2026, 6.1271 million USD in 2027, and 6.3275 million USD in 2028. This represents a consistent year-on-year growth, and calculated over five years, the compound annual growth rate (CAGR) stands out as a crucial metric showcasing an average annual expansion.
Future trends to watch for include:
- Changing consumer preferences and dietary trends which can influence plum demand.
- Potential impacts of economic policies and trade agreements on import costs.
- Fluctuations in global plum production affecting availability and pricing.
- Technological advancements in agriculture that could alter domestic production levels.
