The import forecast for dried shelled Urd, Mung, Black, or Green Gram beans to India between 2024 and 2028 shows a consistent increase, suggesting steady demand growth. In 2023, the import volume stood at approximately 516 million kilograms. The year-on-year variations indicate a gradual and linear increment, with a compound annual growth rate (CAGR) of around 0.86% over the five-year forecast period. This growth highlights a stable market trajectory, driven likely by consistent domestic consumption and potential import policy incentives.
Future trends to watch for include potential changes in domestic cultivation due to climate conditions, shifts in dietary preferences towards plant-based proteins, and any government policy alterations impacting import tariffs or incentives. These factors could significantly adjust the forecasted growth trajectory.
