The forecast import of dried cut flowers and flower buds for bouquets to India shows a steady growth from 2024 to 2028. In 2023, the import value stood at $303.00 thousand USD (an estimated assumption for analysis purposes). The forecasted values indicate a year-on-year growth of approximately 1.39% in 2025, 1.35% in 2026, 1.30% in 2027, and 1.26% in 2028. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is expected to be around 1.34%.
Future trends to watch for include:
- Potential fluctuations in currency exchange rates affecting import costs.
- Changes in consumer preferences towards eco-friendly and sustainable floral options.
- Evolving trade policies affecting import regulations and tariffs.
- Technological innovations in preservation and transportation to maintain product quality.
