The forecast for India's import of dried onions shows a steady increase from 141.82 thousand kilograms in 2024 to 148.4 thousand kilograms by 2028. This projected moderate rise in import volume represents a consistent growth trend, with a Compound Annual Growth Rate (CAGR) of approximately 1.1% over the five-year period. If we consider 2023 as the base year, imports have been increasing at a steady pace, indicating a growing demand or an adaptation to supply shortages.
Future trends to watch for include:
- Potential impact of domestic dried onion production on import needs.
- Changes in international trade policies affecting import tariffs.
- Fluctuations in domestic demand influenced by dietary or culinary trends.
- Global supply chain dynamics including cost and availability of imports.