In 2023, India's import of prepared or preserved olives stood at 3.63 million kilograms. The forecast suggests a steady increase in imports, with a projected growth to 4.40 million kilograms by 2028. Year-on-year growth from 2024 indicates consistent expansion, with annual increases ranging around 4%. The cumulative average growth rate (CAGR) over this five-year period is approximately 4.04%.
Future trends to watch for include:
- Increasing consumer demand for Mediterranean and international cuisines.
- The influence of health trends emphasizing olives' nutritional benefits.
- Potential risks from trade policies and currency fluctuations affecting import volumes.