In 2023, India imported approximately 922.00 million kilograms of cashew nuts. The forecast for the following years shows a steady increase, reaching approximately 996.88 million kilograms by 2028. This reflects a moderate year-on-year growth rate, highlighting a consistent upward trend in import volume. The compound annual growth rate (CAGR) over the five-year period is estimated at a modest pace.
Future trends to watch for include fluctuations in demand driven by changing consumer preferences, potential shifts in global production patterns, and trade policy changes affecting importation dynamics. Monitoring these factors will be crucial for anticipating future market adjustments.
