The import of flour or meal of dried legumes to India is on a consistent upward trend from 2024 to 2028. Based on the forecast, imports will grow from 1.8586 million kilograms in 2024 to 2.2678 million kilograms in 2028, showcasing an annual growth rate. From 2023 to 2024, the initial forecast indicates an increase in volume, setting a positive trajectory for the subsequent years.
Year-on-year growth highlights a steady increase each year with an overall upward movement. Over the five-year span, the compound annual growth rate (CAGR) shows a continuous upward trend, reflecting a strong demand for these imports.
Future trends to watch include potential impacts from domestic agricultural policies and international trade agreements. Additionally, changes in consumer preferences, driven by shifts toward plant-based diets, may influence import volumes. Monitoring these factors can offer insights into future market dynamics for flour or meal of dried legumes in India.
