In 2023, India's demersal fish export volume was recorded at approximately 368.90 thousand metric tons. Based on forecasts, the export volume is expected to rise steadily from 2024 at 379.01 thousand metric tons to 418.72 thousand metric tons by 2028. The year-on-year growth for 2024-2025 is 2.7%, and for 2025-2026, it is 2.6%, maintaining a similar trend in subsequent years. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 2.7%.
- Accelerated demand in international markets, especially from the South-East Asian region.
- Potential regulatory changes impacting fishing practices and export policies.
- Innovations in sustainable fishing techniques could positively influence export capabilities.