The forecast for the import of wheat bran, sharps, and other residues to India suggests a declining trend from 2024 to 2028, starting at 1.0421 million kilograms and decreasing by an average compound annual growth rate (CAGR) of approximately 10%. This decline follows an assumed peak in 2023, underlining a significant reduction in import volumes over the next five years.
Future trends to watch for include:
- The impact of domestic production capacity on import needs.
- Potential policy changes influencing agricultural residue imports.
- Market demand variability affected by domestic consumption patterns.