In 2023, India's linseed gross production stood at $48.0 million PPP. Forecast data indicates a decline from $47.0 million in 2024 to $42.98 million by 2028. The year-on-year variations are approximately -2.17% in 2025, -2.19% in 2026, -2.22% in 2027, and -2.26% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is about -2.11%, indicating a consistent downward trend.
Future trends to watch for include:
- Potential impacts of climate change on crop yields affecting production levels.
- Changes in domestic and international demand for linseed products.
- Government policies and incentives promoting oilseed cultivation.
- Technological advancements in agriculture that could enhance productivity.