The projected import volume for rapeseed oil and mustard oil in India shows a gradual downward trend from 229 thousand metric tons in 2024 to 216 thousand metric tons by 2028. Considering the data available until 2023, the forecast reflects an anticipated average annual decline (CAGR) over these five years. The past two years’ year-on-year variations also indicate consistent reductions in import volumes.

Future trends to watch for include:

Potential shifts in domestic production that can further affect import needs.
Market and policy impacts including price changes and trade agreements.
Influences of consumer patterns shifting towards health-conscious choices possibly impacting oil demands.