Forecast: Import of Prepared or Preserved Groundnuts to India

The forecasted data indicates a steady growth in the import of prepared or preserved groundnuts to India from 2024 to 2028. Starting at 2.1164 million USD in 2024 and rising to 2.4284 million USD by 2028, this represents a Compound Annual Growth Rate (CAGR) of approximately 3.48% over the five-year period. Such consistent year-on-year growth demonstrates an increasing demand for these products in the Indian market.

Future trends to watch for include:

  • Potential shifts in consumer preferences towards healthier snacks could further boost imports.
  • Changes in trade policies or duties affecting import costs and thus volumes.
  • Impact of domestic agricultural policies on the groundnut sector.

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