Forecast: Import of Live Fish to India

In 2023, India's import of live fish was valued at 3.47 million USD. The forecast for 2024 is 3.67 million USD, signifying an increase of approximately 5.8% from 2023. Year-on-year growth is expected to continue with 5.9% in 2025, 5.5% in 2026, 5.1% in 2027, and 4.8% in 2028, resulting in a CAGR of approximately 5.4% between 2024 and 2028.

Future trends to watch for include:

  • Increasing domestic demand for a diverse fish diet influencing import volumes.
  • Potential policy changes impacting the import-export balance in the fisheries sector.
  • Technological advancements in aquaculture potentially reducing reliance on imports.

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