Analysis of the import of citrus fruit to India reveals a significant growth trend over the past decade. Starting at 19.152 million USD in 2013, imports climbed steadily to reach 58.978 million USD in 2023. This increase reflects a Compound Annual Growth Rate (CAGR) of 3.53% over the last five years. Despite fluctuations, the trend shows an overall upward trajectory, with notable year-on-year variations such as a high 55.83% increase in 2018 and more moderate growth of 4.74% in 2023. Future projections indicate a continuation of this trend, with imports expected to reach 71.553 million USD by 2028, showing a forecasted 5-year CAGR of 3.04%.
Moving forward, key trends to watch include the impact of domestic agricultural policies, global market fluctuations, climate change implications on citrus production, and evolving consumer preferences for citrus fruits in India. Additionally, the influence of trade agreements and tariffs will likely play a critical role in shaping import dynamics.
