In 2023, the import of chicory plant bulbs, tubers, and corms to India stood at 1.682 million. The forecast data indicates moderate growth in imports: a year-on-year increase of roughly 0.4% from 2024 through 2028. The Compounded Annual Growth Rate (CAGR) over these five years is approximately 0.4%, suggesting steady but modest upward movement in import value.
Future trends to watch include:
- Potential shifts in demand due to changes in dietary habits and increased interest in chicory's health benefits.
- Impact of agricultural policies or trade agreements on import volumes and pricing.
- Technological advancements in agriculture that may affect local production and import needs.