The forecast for imports of live, fresh, or chilled cuttlefish and squid to India shows a consistent upward trend from 2024 to 2028, indicating a steady increase in demand. The yearly values rise incrementally, suggesting a compound annual growth rate (CAGR) representing significant market expansion opportunities. As of 2023, the base level of imports was surpassed significantly in 2024, and continued growth trends into 2028 suggest robust demand.
Future trends to watch include:
- Potential changes in consumer preferences that could affect demand.
- Marine sustainability and regulatory issues impacting supply.
- Fluctuations in international trade policies affecting market dynamics.
