Forecast: Apples Demand in India

The demand for apples in India is projected to remain relatively stable over the next five years. In 2023, the actual demand stood at 2.65 million metric tons. Starting in 2024, forecasts predict a consistent demand of 2.68 million metric tons until 2026, followed by a slight increase to 2.69 million metric tons in 2027 and 2028. The year-on-year variation shows a minimal increase of 0.37% from 2026 to 2027 and maintains that level into 2028. Taking a longer view, the CAGR over the past five years is about 0.3% per year.

Future trends to watch for include potential changes in consumer preferences, advancements in agricultural technology, and possible impacts of climate change on apple production. Demand could also be influenced by economic factors such as income growth and fluctuations in import/export policies.

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