Forecast: Import of Prepared or Preserved Groundnuts to India

In 2023, the import volume of prepared or preserved groundnuts to India was 660.34 thousand kilograms. The forecast from 2024 to 2028 shows a steady increase in import volume, starting at 685.86 thousand kilograms in 2024 and reaching 791.13 thousand kilograms by 2028. This indicates a positive trend with an average compound annual growth rate (CAGR) of approximately 3.6% over the five-year period.

Future trends to watch for in the Indian groundnut import market include:

  • Increasing domestic demand for processed snacks and health-focused nut products.
  • Trade policy changes that could affect import costs or tariffs.
  • Global supply chain disruptions impacting timely availability and pricing.
  • Shifts in consumer preferences towards local versus imported products.

Top Countries about Processed Food