The import of frozen whole Atlantic or Danube salmon to India is forecasted to grow consistently over the next five years. In 2024, the import value is expected to be 952.04 thousand USD, increasing to 1111.2 thousand USD by 2028. This represents an average annual growth rate (CAGR) of approximately 3.95%. From 2024 to 2025 and onwards, yearly growth is projected to fluctuate marginally, always staying positive, reflecting steady demand or enhancements in supply chains and market conditions. Prior to 2024, data from 2023 should be examined to provide a clearer picture of total growth dynamics.
Future trends to watch for include:
- Possible changes in trade policies that could affect import tariffs and costs.
- Shifts in consumer preferences towards healthy eating, potentially increasing salmon demand.
- Fluctuations in global salmon production influencing prices and availability.
- Strengthening or weakening of the Indian Rupee impacting import values in USD.