The soybean export forecast for India shows a gradual upward trend from 2024 to 2028, with values moving from 48 thousand metric tons in 2024 and 2025, to 49 in 2026, and stabilizing at 50 in 2027 and 2028. In 2023, soybean export stood at 47 thousand metric tons. This indicates a steady year-on-year growth culminating in a moderate 5-year CAGR.
Future trends to watch for:
- Global demand fluctuations potentially affecting export volumes.
- Policy changes globally and in India impacting trade.
- Advancements in agricultural practices enhancing yield and export capacity.
