Forecast: Import of Citrus Juice to India

India’s import of citrus juice saw substantial fluctuation over the past decade with notable peaks in 2014 and 2017. The import value in 2023 stood at approximately 3.24 million USD. Year-on-year variations displayed erratic behavior with significant increases in certain years, such as a 214.79% rise in 2014, contrasting with declines like 47.66% in 2018. The most recent trends suggest a moderate and stable growth of 2.47% from 2022 to 2023.

Over the last two years, the growth has been relatively stable around 2.5%, while the compound annual growth rate (CAGR) over the past five years averaged 7.9%. Forecasts indicate continuous growth with an expected CAGR of 1.87% over the next five years, culminating in an estimated value of 3.6472 million USD in 2028—a total projected growth of 9.7% from 2023.

Future trends to watch for include potential impacts from global trade policies, fluctuations in citrus production, changes in consumer preferences, and economic factors within the region that may influence import volumes and values.

Top Countries about Citrus