Forecast: Soybean Oil Export Volume in India

In 2023, India's soybean oil export volume was similar to 2024's forecast of 9.0 thousand metric tons. The forecast shows a stable trend in 2024 and 2025, with a slight increase projected in 2026 through 2028, stabilizing at 10.0 thousand metric tons. The compound annual growth rate (CAGR) over these years indicates a modest growth rate with an uptick of 11.11% on a year-on-year basis from 2025 to 2026, and stabilization thereafter.

Future trends to watch for:

  • Impact of global market demand fluctuations on export volumes.
  • Influence of domestic production levels and policy changes on export capabilities.
  • Shifts in international trade policies affecting soybean oil trade, such as tariffs or trade agreements.
  • Technological advancements in production and supply chain efficiencies.

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