Based on forecasted data, the import of flower seeds for sowing to India is projected to grow steadily from 2024's 20.06 thousand kilograms to 22.92 thousand kilograms in 2028. Compared to 2023, the import volume is expected to rise consistently, indicating a year-on-year growth of approximately 3-4%. Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) stands around 2.9%.
Future trends to watch for:
• A potential increase in demand for ornamental plants driving higher imports.
• Progress in biotechnology offering new seed varieties that could influence import volumes.
• The effect of governmental policies on agricultural imports and their impact on import trends.
