The import of cardamoms to India is forecasted to increase steadily from 6.04 million kilograms in 2024 to 6.48 million kilograms by 2028. The forecast reflects a consistent year-on-year growth, suggesting a well-maintained demand for cardamoms in the Indian market. Compared to 2023, a baseline year, this rising trend marks a significant growth trajectory. Future expectations indicate a year-on-year increase averaging 2.08% over this period.
Future trends to watch for:
- Potential impacts of economic shifts on import dynamics.
- Changes in domestic cardamom production influencing import needs.
- Fluctuations in international prices affecting market behavior.
