The forecast for linseed production in India from 2024 to 2028 shows a consistent decline. In 2023, the production was higher than 95.0 thousand metric tons, indicating a downward trend starting in 2024. Over this period, a year-on-year decrease is evident: from 2024 to 2025 by approximately 5%, from 2025 to 2026 by 5.2%, from 2026 to 2027 by 5.4%, and from 2027 to 2028 by 5.6%. The compound annual growth rate (CAGR) over these five years indicates an average annual decrease of 5.3%.
Future trends to watch for:
- Environmental factors impacting agricultural yields.
- Technological advancements in farming practices.
- Evolving demand for linseed in the global and local markets.