The import of fish-liver oils and fractions to India manifests a notable downward trend from 2024 to 2028. Beginning at 76.85 thousand kilograms in 2024, there's a marked decrease by 17.1% in 2025, reaching 63.69 thousand kilograms. This downtrend continues through the subsequent years, decreasing at rates of 20.3% in 2026 to hit 50.81 thousand kilograms, 24.8% in 2027 to 38.18 thousand kilograms, and finally, 32.4% in 2028, settling at 25.8 thousand kilograms. The compound annual growth rate (CAGR) over these five years demonstrates a significant decline.
Key future trends to monitor include:
- Health and wellness trends pushing for alternative sources of omega-3 fatty acids, potentially further impacting import volumes negatively.
- Changes in trade policies or tariffs between India and major exporting countries.
- Fluctuations in global fish oil supply and their impact on prices and availability.
- Technological advancements or innovations in domestic production or alternatives that might influence import needs.
