Forecast: Import of Live Fish to India

In 2023, the import of live fish to India was approximately 4 million USD. Moving forward, there is a projected increase at a steady rate, with 4.248 million USD in 2024 and reaching 5.2067 million USD by 2028. This reflects a compound annual growth rate (CAGR) of around 5% over the five-year forecast period. The year-on-year percentage variations show a consistent rise, indicating a demand-driven market expansion.

Future trends to watch for include:

  • Increasing demand for diverse live fish species driven by consumer preferences and expanding aquaculture.
  • Impact of environmental and policy changes on import regulations and supply chain.
  • Technological advancements in aquaculture and logistics improving efficiency and costs.

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