In India, the forecast for maize oil stocks from 2024 to 2028 remains stable at 3.0 thousand metric tons annually. For context, the maize oil stock in 2023 stood slightly above or at this level, indicating a stabilizing trend. The year-on-year variation shows no change for the period between 2024 and 2028, reflecting a flat growth trajectory. The Compound Annual Growth Rate (CAGR) over the five years also suggests no significant changes in stock levels.
Future trends to watch for:
- Potential shifts in domestic maize production or international trade policies that might influence maize oil supply.
- Changes in consumer demand for healthier oil options which could impact maize oil consumption.
- Evolving regulatory environments impacting imported edible oils.
