The import of sunflower seed oilcake and other solid residues to India is projected to grow steadily from 2024 to 2028. In 2023, actual imports stood at a lower base, and the forecast indicates a gradual increase over the next five years, reaching approximately USD 55.181 million by 2028. Year-on-year growth rates for 2024 to 2028 show a consistent increase of about 3-4%. The compound annual growth rate (CAGR) over this period reflects a positive trend, suggesting robust demand for sunflower seed oilcake in India’s market.

Future trends to watch for:

India's increasing demand for plant-based protein sources driving import growth.
Potential impact of global supply chain fluctuations on import volumes.
Economic policies affecting agricultural imports, including tariffs and trade agreements.