In 2023, the import value of refrigerating or freezing furniture to India stood at a lower figure compared to the projected figures for the forthcoming years. From 2024, projected data indicates a steady increase in imports, showcasing an upward trend from 37.376 million US dollars in 2024 to 41.939 million US dollars in 2028.
Key observations from 2024 to 2028 include year-on-year percentage increases, suggesting consistent growth in the import sector for this category.
Future trends to watch for:
- Technological advancements in refrigerating equipment that may drive import demand further.
- Changing consumer preferences and increased urbanization in India, potentially boosting import volumes.
- Policy shifts or trade agreements affecting import tariffs that could impact future prices and demand.