Forecast: Import of Dried Shelled Lentils to India

In 2023, India's imports of dried shelled lentils stood at approximately 268 million US dollars. The forecast for 2024 through 2028 shows a downward trend, with imports projected to decrease to about 242.18 million US dollars by 2028. This reflects a consistent annual decline in value. The year-on-year percentage decrease indicates a steady market contraction. The Compound Annual Growth Rate (CAGR) over the next five years is negative, suggesting a persistent reduction in import dependency.

Future trends to watch for include:

  • Potential shifts in domestic production efficiency and output.
  • Changes in consumer dietary preferences potentially affecting demand.
  • Fluctuations in global lentil prices and trade policies, which may impact import volumes and values.

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