Forecast: Import of Sunflower Seed Oilcake and Other Solid Residues to India

In 2023, the import of sunflower seed oilcake and other solid residues to India was 205.00 million kilograms. From 2024 to 2028, this figure is forecasted to steadily increase from 212.4 million to 245.26 million kilograms.

The year-on-year growth rates are expected to be moderate, indicating a stable demand for these imports. Specifically, the percentage increase from 2024 to 2025 is 4%, and from 2025 to 2026 is 3.76%. Continuing this trend, growth is projected to be 3.54% from 2026 to 2027, culminating in a 3.36% increase from 2027 to 2028.

The compound annual growth rate (CAGR) over this five-year period is approximately 3.79%. This reflects a consistent upward trajectory in import volumes, driven possibly by growing domestic needs.

Future trends to watch for include:

  • Potential changes in domestic agriculture policies impacting imports.
  • Global market fluctuations that could affect supply and pricing.
  • Shifts in demand for alternative protein sources or feed ingredients within India.

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