The forecasted import of dried shelled peas to India shows a slight declining trend from 2024 to 2028. The imports are expected to decrease from 1.4602 billion kilograms in 2024 to 1.3992 billion kilograms in 2028. From the available data, the year-on-year variation indicates a gradual reduction in import volumes, and an average annual decrease rate would illustrate the compounding effect over these years. The compound annual growth rate (CAGR) suggests a modest, steady decline in import quantities across the specified period.
Future trends to watch for include changes in domestic production levels of peas in India, adjustments in trade policies, variations in global pea production affecting supply, and shifts in consumer preferences or demand for plant-based proteins which could influence import distribution and volumes.
