The forecast for the import of fresh or chilled whole trout to India from 2024 to 2028 shows a consistent decreasing trend. Starting at 501.58 kilograms in 2024, the forecast values decline annually, reaching 432.41 kilograms by 2028. This decrease indicates a compounded annual growth rate of decrease over the five years.
The year-on-year decline from 2024 to 2025 is 3.54%, from 2025 to 2026 is 3.61%, 2026 to 2027 sees a 3.67% reduction, and from 2027 to 2028, there's another 3.72% drop. These figures reflect a steady decline in the market demand or supply conditions for this commodity.
Future trends to watch for include:
- Shifts in consumer preferences or health trends impacting seafood demand in India.
- Regulatory changes affecting import conditions or tariffs.
- Evolving economic conditions and their impact on import capabilities and prices.