In 2023, the import of dried apricots to India was valued at a baseline year for forecast comparisons. From 2024 to 2028, forecasted annual imports are set to increase steadily from 36.29 million USD to 42.337 million USD. The year-on-year growth rate reflects a consistent growth trend, indicating an optimistic market demand and potential expansion in the dried apricot sector.
Future trends to watch for include:
- Fluctuations in import tariffs or trade policies that might affect dried fruit imports.
- Shifts in consumer preferences towards healthy and natural snacks, potentially boosting demand.
- Impact of climate change on apricot production, influencing both supply and pricing.
- Exchange rate variations that could impact the cost-effectiveness of imports.