Forecast: Frozen Mackerel Imports to India

The forecast for frozen mackerel imports to India shows a steady increase from 2024 to 2028, with values consistently rising each year from 157.17 to 163.24 thousand USD. In 2023, the imports were estimated at around 155 thousand USD, indicating a growth trend continuing into 2024 and beyond. The year-on-year growth rate is approximately 1% for each subsequent year. The Compound Annual Growth Rate (CAGR) for this period (from 2024 to 2028) is about 1% per year, demonstrating a consistent, albeit modest, increase in the import value.

Future trends to watch for include:

  • Changes in India's dietary preferences, which could influence demand for imported frozen mackerel.
  • Potential trade policies affecting seafood imports that might impact supply and pricing.
  • Environmental factors affecting mackerel supply globally, influencing import quantities and costs.

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