In 2023, India's imports of frozen fish (excluding fillets and offal) stood at 44.32 million USD. The forecast from 2024 to 2028 shows a consistent annual growth in import value, increasing from 48.345 million USD in 2024 to 70.262 million USD in 2028. The year-on-year growth rate reveals an approximate increase of 11.5% from 2024 to 2026, slightly tapering off to 9% by 2028. The five-year compound annual growth rate (CAGR) is projected around 10.5%, indicating robust growth in demand and importation.

Future trends to watch include:

Increasing consumer demand for diverse fish species owing to rising urbanization and income levels.
Potential shifts in trade policies or tariffs under emerging geopolitical influences.
Impact of global fishing practices on sustainable supply chains.