The forecasted data from 2024 to 2028 indicates a gradual decrease in India's import value of fish-liver oils and fractions. Starting at 782.46 thousand USD in 2024, there's an anticipated decline each year, resulting in a value of 706.52 thousand USD by 2028. This consistent reduction reflects a negative trend with declining imports over time. The year-on-year percentage changes suggest a diminishing demand or increased domestic alternatives. The compound annual growth rate (CAGR) over this period illustrates an average yearly decrease, confirming a persistent downward trajectory.
Future trends to watch for include potential changes in domestic production capabilities, improvements in alternative dietary supplements, evolving health trends influencing consumer behavior, and regulatory shifts that might impact import dynamics. Additionally, sustainability concerns and conservation efforts may further alter the import landscape for fish-liver oils.
