The import of palm oil to India is forecasted to steadily increase from 3.0655 billion kilograms in 2024 to 3.3834 billion kilograms by 2028. This represents a consistent year-on-year growth. From the actual data gathered up until 2023, imports stood at a similar level to those projected for 2024, indicating a stabilization post-2023.

The year-on-year increase from 2024 through 2028 shows a steady growth pattern, averaging a year-over-year increase rate below the historical compound annual growth rate (CAGR) over these five years.

Future trends to watch for:

Shifts in international trade policies affecting palm oil exports to India.
Developments in sustainability practices impacting palm oil production.
Fluctuations in domestic oilseed production in India which could influence palm oil imports.