The primary oilseeds production in India has shown variability over the past decade. After a peak in 2013, production experienced several fluctuations, characterized by dips in 2014 and 2015, followed by recovery periods. As of 2023, production stood at 13.303 million metric tons. Year-on-year growth over the last two years (2022-2023) marked at around 1.25%, slightly slower compared to earlier periods. The last five years had a CAGR of 0.93%.
Future forecasts predict a steady rise in production, with an annual CAGR of 0.99%, increasing the total production to 14.16 million metric tons by 2028, an overall growth rate of 5.03% from 2024-2028.
Future trends to watch for include the impact of climate changes, advancements in agricultural practices, government policies on subsidies, and international market dynamics, all of which could significantly influence production volumes.
