In 2023, India's import of live fish was approximately 1.35 million kilograms. The forecast indicates a steady increase in import volume, reaching 1.7631 million kilograms by 2028. From 2024 to 2028, the year-on-year growth suggests a consistent positive trend, with the compound annual growth rate (CAGR) averaging around 5% over the five-year period.
Future trends to watch for include:
- Potential impact of domestic aquaculture developments on import needs.
- Changes in consumer preferences toward sustainable and exotic fish species.
- Regulatory updates affecting international trade agreements.