In 2023, India's import of whole pepper of the genus Piper was at 32.0 million kilograms. Forecasted data suggests a steady increase in imports from 2024 to 2028, starting at 32.884 million kilograms in 2024 and reaching 36.384 million kilograms by 2028. This indicates a consistent annual growth trajectory. The year-on-year growth rates from 2024 to 2028 range from 2.74% to 2.40%. The compound annual growth rate (CAGR) over this period is approximately 2.55%, signifying a moderate and stable upward trend in imports.
Future trends to watch for include:
- Fluctuations due to changes in domestic demand and agricultural policies.
- Potential impact of global economic conditions on import strategies.
- Possible effects of climate change on the global pepper supply chain.
