The data indicates a gradual decline in India's egg export volume from 2024 to 2028, with a decrease from 60.0 thousand metric tons in 2024 to 54.0 thousand metric tons by 2028. The year-on-year percentage change shows a declining trend of approximately 1.67% on average annually. In 2023, the export volume was higher than the projected figures for 2024 and beyond. The compound annual growth rate (CAGR) over this period highlights a consistent downtrend, suggesting declining competitiveness or demand in external markets.
Future trends to watch for:
- Changes in global egg trade policies and tariffs.
- Fluctuations in production costs and domestic consumption rates in India.
- Shifts in consumer preferences towards alternatives or substitutes.
- Global economic factors affecting purchasing power in importing countries.
