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The import value dipped from 2013 to 2015, saw fluctuations from 2016 to 2019, and has been on a steady rise since. The year-on-year variations were mixed, with notable dips in 2014 and 2015, and sharp growth in 2018. The last two years saw modest growth of 2.58% and 2.47% respectively. Future CAGR is forecasted at 1.7%, showing a steady albeit unspectacular increase.
Future trends to watch include advancements in agricultural technology and mechanization, policy changes, and economic factors affecting import capacity. Monitoring these factors will be crucial in understanding future import patterns in India.
