In 2023, India imported approximately 181.3 million kilograms of almonds in shell. The forecasted data projects a steady increase in imports, reaching 213.09 million kilograms by 2028. This represents a Compound Annual Growth Rate (CAGR) of around 3.2% over the five-year period from 2024 to 2028.
Year-on-year growth rates are as follows:
- 2024: 3.5%
- 2025: 3.48%
- 2026: 3.3%
- 2027: 3.14%
- 2028: 2.97%
The demand for almonds in India is expected to rise due to increasing health consciousness, dietary shifts, and rising per capita income. Future trends to watch include potential impacts of trade policies and climate change on supply chain dynamics, and emerging consumer preferences for organic and premium almond varieties.
