The export of prepared or preserved fish from India is projected to decrease slightly over the next five years from 2024 to 2028. In 2023, the actual export volume stood at approximately 12.8 million kilograms. The yearly forecasts show a gradual decline, with exports expected to decrease by around 0.9% from 2024 to 2025, 0.9% again from 2025 to 2026, 0.9% from 2026 to 2027, and 0.9% from 2027 to 2028. The compound annual growth rate (CAGR) for 2024 to 2028 is estimated to be -0.9%.
Variations:
- 2024-2025: -0.9%
- 2025-2026: -0.9%
- 2026-2027: -0.9%
- 2027-2028: -0.9%
CAGR (2024-2028): -0.9%
Future trends to watch for: Pay attention to potential influences such as changes in global demand, new trade agreements, advancements in preservation technology, and the impact of climate change on fish stocks. These factors could alter the forecasted trend in the export volume of prepared or preserved fish from India.
