In 2024, India's grape import volume is projected at 99 thousand metric tons, moving from 2023's actual data. The forecast reveals a steady increase, with volumes reaching 106 thousand metric tons by 2028. The year-on-year growth ranges from approximately 2% to 1% annually over this period. The compound annual growth rate (CAGR) over the five years stands at a modest but positive average.
Future trends to watch for:
- Potential impacts of changing trade policies and tariffs.
- Domestic agricultural developments affecting import reliance.
- Consumer preference shifts towards local versus imported produce.
- Economic factors influencing purchasing power and import viability.
