The import of shelled hazelnuts and filberts to India was valued at 1.1 million USD in 2023. Forecasted values show a steady annual increase from 2024 to 2028, beginning at 1.2334 million USD in 2024 and reaching 1.461 million USD by 2028. Year-on-year percentage growth from 2024 through 2028 averages around 4.2%. The cumulative average growth rate (CAGR) over this five-year period is approximately 4.2% per annum, reflecting a consistent upward trend in imports.
Future trends to watch for include factors affecting global hazelnut production, such as climate change, and potential changes in Indian consumer preferences towards health and wellness, which may influence import volumes and values. The impact of international trade policies and tariffs will also be crucial in determining future trajectories.
