The import of refined maize oil and fractions to India is projected to experience steady growth from 2024 onwards, with volumes increasing from 41.28 thousand kilograms in 2024 to 49.3 thousand kilograms by 2028. The year-on-year growth reflects a consistent increase of approximately 4.91% on average from 2024 to 2028. This trend indicates growing demand for maize oil, possibly driven by its applications both in food industries and potential emerging uses.

In 2023, the import volume served as a baseline for this upward trend. Looking ahead, the compound annual growth rate (CAGR) over these five years is indicative of a stable market trajectory. However, the industry should monitor:

Potential regulatory changes impacting food imports.
Shifts in consumer health trends and preferences.
Supply chain dynamics and geopolitical factors that may influence supply routes.