In 2023, the import of combined refrigerator-freezers fitted with separate external doors to India stood at 41.608 million kilograms. From 2024 to 2028, the forecast indicates a steady increase in imports, reaching 50.536 million kilograms by 2028. The year-on-year growth is consistent, with an average increase of approximately 5% annually. This trend suggests a Compound Annual Growth Rate (CAGR) of around 4.0% over the five-year period.
Future trends to watch for:
- Fluctuations in global supply chain dynamics could impact import volumes.
- Consumer preferences shifting towards energy-efficient models might influence demand.
- Policy changes in India regarding import duties and manufacturing incentives could affect import patterns.