Frozen cod imports to India are forecasted to experience consistent growth from 2024 to 2028. Starting from $388.23K in 2024, imports are projected to rise to $568.43K by 2028. This reflects a steady annual increase, marking a clear upward trend in demand. Comparing the growth rate, imports increase by approximately 11.8% from 2024 to 2025, tapering slightly as the years progress, achieving a compound annual growth rate of about 10.0% over the forecast period.
Future trends to monitor:
- Consumer preferences shifting towards healthier diets, potentially increasing demand for seafood.
- Trade policies and tariffs that might impact cost-effectiveness of imports.
- Advancements in cold-chain logistics enhancing import efficiency.