Forecast: Import of Cut Flowers to India

The forecasted import of cut flowers to India shows a steady increase from 2024 to 2028, starting from 4.7045 million USD in 2024 and reaching 5.1371 million USD in 2028. Compared to 2023, which saw imports at 4.6 million USD, this reflects a consistent growth trend. The year-on-year growth is projected to be 2.37% in 2025, 2.27% in 2026, 2.17% in 2027, and 2.08% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to average 2.22% per year.

Future trends to watch for include:

  • Shifts in consumer preferences towards sustainable and exotic flower varieties.
  • Potential impact of trade policies and international logistics on import dynamics.
  • Technological advancements in floriculture and packaging that might affect import demand.
  • Economic factors such as inflation rates and foreign exchange variations influencing import costs.

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