The forecast for the import of True Hemp to India shows a steady increase from 2024 to 2028. The import values are projected to rise from $24.13 thousand USD in 2024 to $27.28 thousand USD by 2028. From 2024, the year-on-year growth indicates an average increase of approximately 3.14%. The compound annual growth rate (CAGR) over this five-year period is estimated at approximately 2.97%, demonstrating a consistent upward trend.

Future trends to watch include:

Potential regulatory changes impacting hemp import policies in India.
Market demand fluctuations driven by increasing domestic production capabilities.
Technological advancements improving the efficiency and cost-effectiveness of hemp processing and utilization in India.