Top export sector for India


See report on

Edible Oils


Vegetable oils

(in million tonnes or million metric tons)

Vegetable oils 1994-95 1995-96 1996-97
Total market size

6.2

6.5

6.7

Locally produced 5.6 5.6 5.8
Total exports nil nil nil
Total imports 0.7 0.9 0.9
Source: Independent studies
Year ending 31st March

 

Sub-sector prospects
Palm oil Excellent prospects
Soya bean oil Possibly good prospects
Sunflower oil Possibly good prospects
Cottonseed oil Possibly good prospects

Points to be noted:

  • Most vegetable oils are on Open General License for the purpose of imports which means that they can be imported without approval.

  • Though oilseed production has been growing, increasing domestic demand is unlikely to bridge the demand-supply gap which is expected to widen.

  • Most palmolein is imported, while small quantities of soya bean, sunflower and cottonseed oils have also been imported in recent years.

Special report on edible oils market in India
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