India: Oil Crops Market 2025

Oil Crops Market Size in India

The Indian oil crops market stood at $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Oil Crops Production in India

In value terms, oil crops production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of oil crops (primary) in India was estimated at X tons per ha in 2022, approximately reflecting 2021 figures. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average oil crops yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of oil crops (primary) were harvested in India; reducing by X% against the previous year. In general, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The oil crops harvested area peaked at X ha in 2021, and then declined modestly in the following year.

Oil Crops Exports

Exports from India

In 2022, shipments abroad of oil crops (primary) was finally on the rise to reach X tons after four years of decline. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, oil crops exports amounted to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Nepal (X tons), South Korea (X tons) and the United Arab Emirates (X tons) were the main destinations of oil crops exports from India, with a combined X% share of total exports. Canada, the United States, China, Russia, Iran, Vietnam, Taiwan (Chinese), Indonesia, Bangladesh and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Canada ($X) appeared to be the largest markets for oil crops exported from India worldwide, together comprising X% of total exports. Nepal, Russia, China, the United Arab Emirates, Indonesia, Vietnam, Iran, Taiwan (Chinese), Malaysia and Bangladesh lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average oil crops export price amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports

Imports into India

In 2022, overseas purchases of oil crops (primary) decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, oil crops imports soared to $X in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Benin (X tons), Togo (X tons) and Sudan (X tons) were the main suppliers of oil crops imports to India, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Benin ($X), Togo ($X) and Sudan ($X) appeared to be the largest oil crops suppliers to India, with a combined X% share of total imports. Turkey, Burkina Faso, Ghana, Mozambique, Tanzania, the United Arab Emirates and Ethiopia lagged somewhat behind, together accounting for a further X%.

Burkina Faso, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oil crops import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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