The import of roasted chicory and other coffee substitutes to India is forecasted to slightly decline from $45.03 thousand in 2024 to $44.42 thousand by 2028. In 2023, the imports stood at $45.19 thousand. While the year-on-year decline is minor at a rate of around 0.3%, the five-year compound average growth rate (CAGR) indicates a slight decreasing trend.
Future trends to watch:
- Potential market preferences shifting towards more health-conscious beverages, impacting imports.
- Availability of domestic substitutes could further affect import volumes.
- Changes in international trade policies or tariffs affecting cost structures.