The peanut oil export forecast for India from 2024 to 2028 shows a steady annual increase. In 2023, the export stood at approximately 100.0 thousand metric tons. The forecasts indicate a consistent growth annually, with exports expected to reach 140.0 thousand metric tons in 2028. The year-on-year growth rate averages around 7.4% annually. The compound annual growth rate (CAGR) for the period 2023 to 2028 is estimated at 7.1%.
Future trends to watch for:
- Potential trade policy changes or tariff adjustments impacting exports globally.
- Increasing demand from emerging markets, potentially boosting export volumes.
- Advancements in agricultural practices could improve yield efficiency.