The forecast for the import of roses to India indicates a steady increase from 2024 to 2028, with values rising from 9.55 thousand in 2024 to 10.61 thousand by 2028. In 2023, the actual import value stood at 9.30 thousand. The year-on-year variation shows growth around 2.5% in 2024 and 2025, with a slight deceleration towards 2028. The compound annual growth rate (CAGR) over the five-year forecast period suggests an average annual increase of approximately 2.7%.
Future trends to watch for include:
- Potential shifts in global rose production affecting supply.
- Changes in domestic demand driven by consumer behavior and economic factors.
- Impact of trade policies and tariffs on import costs.
