In 2023, India imported prepared or preserved sardines, sardinella, and brisling or sprats valued at approximately $410,000. The forecasted data indicates a steady annual increase in imports from 2024 to 2028, with year-on-year growth rates as follows: 2024 to 2025 shows a 12.5% increase, 2025 to 2026 by 11.1%, 2026 to 2027 by 9.8%, and 2027 to 2028 by 8.9%. Over the five-year forecast period, the compound annual growth rate (CAGR) is around 9.4%.
Future trends to watch for include rising demand due to population growth and increasing consumer preference for seafood. Additionally, fluctuations in global fishery outputs and changes in trade policies may impact import volumes and values.
