In 2023, India imported 3.0 thousand metric tons of cottonseed oil. The forecast for 2024 and 2025 remains consistent at 3.0 thousand metric tons. A notable increase occurs in 2026, with imports rising to 4.0 thousand metric tons, maintaining this level through 2028. This represents a significant percentage increase from 2025 to 2026. The average compound annual growth rate (CAGR) over this forecasted period from 2024 to 2028 is modest.
Future trends to watch for include potential impacts from global market dynamics, shifts in domestic agricultural policies, and variances in cotton production affecting supply and prices that could influence import volumes. Additionally, evolving consumer preferences towards healthier oil options could reshape demand dynamics.
