The import of palm oil to India shows a consistent upward trend, with a forecasted growth from 2024 to 2028. The value is expected to increase from 6.5843 billion USD in 2024 to 7.0129 billion USD in 2028. Annually, palm oil imports grew steadily by 1.7% to 2.0% year-on-year since 2023. This demonstrates an expanding reliance on palm oil imports due to growing demand driven by population growth and increasing consumption.
Future trends to watch for include potential impacts of geopolitical shifts on trade flows, sustainable sourcing practices, and local production initiatives that aim to reduce dependency on imports while meeting domestic demand.
