The forecast for India's import of frozen fish meat and mince from 2024 to 2028 shows a consistent downward trend in value. The import value is set to decrease from 3.207 million USD in 2024 to 2.5063 million USD by 2028. This represents an average year-on-year decline of approximately 5.2% over the forecast period. In 2023, the value stood at about 3.4 million USD, indicating a steady decline over these years.
Future trends to watch for:
- The rising self-sufficiency in fish production within India could further reduce dependency on imports.
- Trade policies and tariffs changes could alter the import landscape significantly.
- Shifts in consumer preferences towards locally sourced fish may impact import volumes.