Forecast: Import of Lettuce and Chicory to India

In 2023, the actual imports of lettuce and chicory to India stood at approximately 6.42 thousand USD. The forecasted decline in imports, from 5.73 thousand USD in 2024 to 3.13 thousand USD in 2028, represents a significant year-on-year decrease, with a noticeable paced drop of around 20% annually. A compound annual growth rate (CAGR) calculation indicates an average annual decrease of about 15% over the forecasted period.

Future Trends to Watch For:

  • Demand shifts possibly driven by local production increases or changes in consumption patterns towards indigenous produce.
  • Impact of trade policies and tariffs that may affect import volumes.
  • Possible advancements in agricultural technology within India could further reduce reliance on imports.

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