Forecast: Rapeseed Oil Export in India

India's rapeseed oil exports are forecasted to grow steadily from 11.0 thousand metric tons in 2024 to 16.0 thousand metric tons by 2028. Assuming that 2023 recorded a similar or slightly lower volume than the 2024 forecast, this implies an upward trajectory reflecting increasing demand or improved export conditions. The year-on-year growth from 2024 to 2028 averages around 8%, showcasing a stable expansion in the rapeseed oil export market.

Future trends to watch for include:

  • Potential changes in global demand that could impact export volumes.
  • Policy changes within India that could affect production or export incentives.
  • Fluctuations in global vegetable oil markets, impacting pricing and competitiveness.

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