In 2023, the import of prepared or preserved tomatoes to India was estimated at approximately 8.6 million US dollars. From 2024 onwards, the forecast indicates a consistent year-on-year increase in imports, with figures reaching 9.657 million US dollars by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.3% over the five-year period.
Future Trends to Watch For:
- Potential shifts in consumer preferences towards locally produced goods.
- Impact of domestic agricultural policies and trade agreements on import dynamics.
- Fluctuations in global tomato production impacting supply chain and pricing.