In 2023, India's barley import volume stood at approximately 201.0 thousand metric tons. The forecast from 2024 to 2028 shows a steady annual increase in imports, rising from 210.0 to 245.0 thousand metric tons. This represents an average Year-on-Year growth rate of about 4-5% over this period. The compounded annual growth rate (CAGR) over the five years is about 4.8%.
Future trends to watch for:
- The impact of domestic barley production fluctuations on import needs.
- Changes in global barley prices due to geopolitical or climatic factors.
- Shifts in demand from key sectors like brewing and livestock feed.
