The forecasted import of dried shelled urd, mung, black, or green gram beans to India indicates a declining trend from 2024 to 2028. Starting from an estimated $298.43 million in 2024, the value decreases annually, reaching $272.55 million by 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately -2.5% over the five-year period. From the last recorded data of 2023, which serves as the base year, this forecast suggests a persistent contraction in volume or value.
Future trends to watch for:
- Domestic production levels and their impact on import needs.
- Potential changes in trade policies affecting import tariffs and constraints.
- Shifts in consumer demand for these types of beans within India.
