As of 2023, the oilseeds stock in India stood at approximately 4.65 million metric tons. From 2024 onwards, forecasts indicate a steady rise in stocks, reaching 5.82 million metric tons by 2028. This reflects an optimistic outlook driven by anticipated production increases and stable demand. The year-on-year growth rates from 2024 to 2028 suggest a consistent upward trend, with an approximate compound annual growth rate (CAGR) of around 4.5% over the five-year period.
Future trends to watch for:
- Potential impact of climate change on oilseed yields.
- Government policies encouraging sustainable agriculture.
- Global market influences, such as trade agreements and commodity prices.
