In 2023, India's import of almonds in shell stood at approximately 945 million USD. The forecast reveals a steady year-on-year growth in imports, with values rising from 978.24 million USD in 2024 to 1112.6 million USD in 2028. Each year reflects a consistent growth trend, suggesting a stable demand increase for almonds.
The average compound annual growth rate (CAGR) over this period is anticipated to be around 3.3%. This indicates a robust and persistently rising trend in the almond import market.
Future trends to watch for include:
- Potential impacts of trade policy changes.
- Fluctuations in international almond prices.
- Shifts in consumer dietary preferences pushing nut consumption.
