The forecast for India's groundnut oil export volume from 2024 to 2028 shows a consistent level of 16.0 thousand metric tons till 2026, followed by an increase to 17.0 thousand metric tons in 2027 and 2028. The data reflects stability in exports for the initial years with a steady rise starting 2027. In 2023, the export volume stood at 15.0 thousand metric tons.
- The year-on-year variation in 2024 indicates no change compared to the 2023 export volume.
- The growth from 2026 to 2027 is over 6%, reflecting a notable shift.
- The compound annual growth rate (CAGR) over the five-year period is projected at approximately 2.50%.
Future trends to watch for include potential impacts of domestic consumption shifts, changes in international trade relations, and environmental factors affecting groundnut cultivation. Monitoring crop yield variations and policy adjustments can provide further insights into market movements.
