The import of prepared or preserved swine shoulders and cuts thereof to India is forecasted to grow steadily from 2024 to 2028, with expected values rising annually by approximately 2.4% on average. In 2024, imports are expected to reach 74.08 thousand USD, increasing to 81.05 thousand USD by 2028. Due to the steady increase from 2024 onward, the compounded annual growth rate (CAGR) is calculated at around 2.3% over the five-year period.
Key trends to watch for in this market include:
- Fluctuations in global pork prices, which could impact import costs and volumes.
- Regulatory changes regarding meat imports in India.
- Shifts in consumer preferences towards plant-based or alternative proteins.
- Potential impacts of geopolitical tensions affecting trade routes and tariffs.