In 2023, the import value of sugar confectionery to India stood at an unspecified amount. From 2024 through 2028, forecasts show a steady increase, starting at 25.087 million USD in 2024 and reaching 28.097 million USD by 2028. Year-on-year percentage variations are: 2024 to 2025 at 3.09%, 2025 to 2026 at 2.94%, 2026 to 2027 at 2.80%, and 2027 to 2028 at 2.67%. Over the 5-year period ending in 2028, the imports grow at a compound annual growth rate (CAGR) of approximately 2.87%.
Future trends to watch include:
- Changes in consumer preferences and dietary trends impacting import demand.
- Domestic production capabilities and advancements affecting import necessity.
- Global trade policies and bilateral agreements influencing import dynamics.
