The import of prepared or preserved nuts, seeds, and mixes to India has shown significant growth from 2013 to 2023, reaching 6.5588 million kilograms in 2023. The year-on-year growth rates indicate fluctuating but generally positive trends, with notable increases in years like 2017 (57.41%) and 2018 (57.61%), followed by milder growth in subsequent years before stabilizing around 5.38% in 2023. Over the last five years, the CAGR has softened to 3.79%, highlighting a slowdown in the import growth rate. Looking ahead, the forecast for the next five years suggests a continued but more gradual growth with a CAGR of 3.39%, projecting an 18.13% increase by 2028.
Future trends to watch for include potential changes in consumer preferences for healthier and exotic snack options, shifts in global market prices for nuts and seeds, and possible trade policy adjustments that may affect import volumes. Environmental factors impacting the production regions may also play a key role in shaping the import dynamics in the coming years.