In 2023, the import value of agricultural sprays and powder dispersers to India was significant, with a forecasted increase in 2024 to 12.299 million. The import growth sees a steady year-on-year increase of roughly 4-5%, reaching 14.442 million by 2028. The compound annual growth rate (CAGR) over these five years averages around 4.61%, indicating a strong and consistent upward trend in imports.
Future trends to watch for include:
- Increasing demand for advanced agricultural technologies in India to enhance productivity, potentially driving higher imports.
- Policy changes related to import tariffs or subsidies that could affect trade volumes.
- Global supply chain dynamics that could impact availability and pricing of agricultural sprays and dispersers.
- Environmental and sustainability considerations influencing product selection and import preferences.
