In 2023, the import of roses to India stood at 492 kilograms. The forecasted data indicates a downward trend from 2024 to 2028, with expected imports reducing from 438 kilograms in 2024 to 233 kilograms in 2028. This reflects a declining trend in the import volume, with a year-on-year percentage decrease of 12.7% from 2024 to 2025, 13.5% from 2025 to 2026, 15.0% from 2026 to 2027, and 17.7% from 2027 to 2028.
Over a five-year forecast period (2024-2028), the Compound Annual Growth Rate (CAGR) is negative, indicating a steady decline in the import of roses. Future trends to watch include potential shifts in domestic production, changes in consumer preferences toward roses or alternative flowers, and the impact of international trade policies and tariffs on flower imports. Monitoring these factors could influence the import dynamics in the coming years. Additionally, market players should keep an eye on technological advancements in agriculture and transport sectors that may affect the cost and demand dynamics in this industry.
