Forecast analysis for the import of liquorice extract to India shows a steady increase from 2024 to 2028. In 2024, the forecasted value is $181.44 thousand, and it gradually rises each year reaching $185.17 thousand by 2028. This represents a year-on-year growth ranging from about 0.5% to 0.6%, indicating slight yet consistent growth in liquorice extract imports.
For future trends, key factors to watch include:
- Changes in consumer preference and demand for liquorice-based products.
- Trade agreements or tariffs that could impact import costs.
- Domestic production improvements or constraints in India affecting import necessity.
