In 2024, India's forecasted import of refined maize oil and fractions is valued at $146.94 thousand, showing a growing trend compared to previous years. With the predicted figures reaching $175.26 thousand by 2028, the market exhibits a consistent year-on-year growth. The absence of 2023's data prevents a precise two-year growth calculation. However, the compound annual growth rate (CAGR) from 2024 to 2028 indicates a steady increase in annual imports with an approximate yearly rise of 4.4%.
Future trends to watch include potential influences from global maize production changes, trade policies, currency fluctuations, and emerging alternative oil markets, which could impact import demands and pricing strategies in India.
