In 2023, the import of prepared or preserved potatoes to India stood at 70.08 thousand USD. From 2024 to 2028, a consistent downward trend is forecasted with imports declining year-on-year. The forecast shows a decrease from 67.27 thousand USD in 2024 to 55.87 thousand USD by 2028, averaging a negative compound annual growth rate (CAGR).
Year-on-year variations indicate a progressive decrease: 2024 (-4.01%), 2025 (-4.37%), 2026 (-4.48%), 2027 (-4.58%), and 2028 (-4.72%). The five-year CAGR of -4.51% reflects this consistent decline.
Future trends to watch for include potential shifts in consumer preferences towards local or more sustainable products, economic policies affecting trade, and domestic production capabilities enhancing self-sufficiency, potentially further reducing import dependency.
