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.