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India - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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India: Vegetable Oils Market Overview 2021

Vegetable Oils Market Size in India

The Indian vegetable oils market expanded significantly to $X in 2019, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Vegetable oils consumption peaked at $X in 2012; afterwards, it flattened through to 2019.

Vegetable Oils Production in India

In value terms, vegetable oils production reached $X in 2019 estimated in export prices. Over the period under review, the total production indicated a measured expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

Vegetable Oils Exports

Exports from India

In 2019, vegetable oils exports from India expanded notably to X tonnes, picking up by X% compared with 2018. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports remained at a lower figure.

In value terms, vegetable oils exports surged to $X in 2019. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes), Japan (X tonnes) and the U.S. (X tonnes) were the main destinations of vegetable oils exports from India, together comprising X% of total exports. These countries were followed by China, Italy, Belgium, Bhutan, Turkey, Malaysia, Germany, Spain, Taiwan (Chinese) and the United Arab Emirates, which together accounted for a further X 2007 to 2019, the biggest increases were in Taiwan (Chinese), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Japan ($X) and the U.S. ($X) constituted the largest markets for vegetable oils exported from India worldwide, together comprising X% of total exports. These countries were followed by Italy, China, Belgium, Turkey, Malaysia, Bhutan, Germany, Spain, Taiwan (Chinese) and the United Arab Emirates, which together accounted for a further X terms of the main countries of destination, Taiwan (Chinese) 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 2019, the average vegetable oils export price amounted to $X per tonne, with an increase of X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Bhutan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Oils Imports

Imports into India

In 2019, approx. X tonnes of vegetable fats and oils were imported into India; picking up by X% on the year before. Over the period under review, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, vegetable oils imports rose sharply to $X in 2019. Overall, imports, however, faced a abrupt descent. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Malaysia (X tonnes) was the main vegetable oils supplier to India, accounting for a X% share of total imports. It was followed by Indonesia (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Malaysia totaled -X%.

In value terms, Malaysia ($X) constituted the largest supplier of vegetable oils to India, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Malaysia amounted to +X%.

Import Prices by Country

The average vegetable oils import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2018, and then contracted markedly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per tonne), while the price for Malaysia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable fats and oils in the world?
+
The countries with the highest volumes of vegetable oils consumption in 2019 were China (1.7M tonnes), the U.S. (837K tonnes) and India (633K tonnes), together comprising 30% of global consumption. Japan, Russia, the Netherlands, Brazil, Indonesia, Pakistan, Bangladesh, Mexico, France and Nigeria lagged somewhat behind, together comprising a further 26%.
What are the largest producers of vegetable fats and oils in the world?
+
The country with the largest volume of vegetable oils production was China (1.5M tonnes), comprising approx. 16% of total volume. Moreover, vegetable oils production in China exceeded the figures recorded by the second-largest producer, the U.S. (673K tonnes), twofold. India (664K tonnes) ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of vegetable fats and oils to India?
+
In value terms, Malaysia ($21M) constituted the largest supplier of vegetable oils to India, comprising 90% of total imports. The second position in the ranking was occupied by Indonesia ($908K), with a 3.9% share of total imports.
What are the leading importers of vegetable fats and oils from India?
+
In value terms, the Netherlands ($20M), Japan ($12M) and the U.S. ($11M) appeared to be the largest markets for vegetable oils exported from India worldwide, together comprising 48% of total exports. Italy, China, Belgium, Turkey, Malaysia, Bhutan, Germany, Spain, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together accounting for a further 38%.
What is the average export price for vegetable fats and oils in India?
+
The average vegetable oils export price stood at $1,721 per tonne in 2019, with an increase of 8.7% against the previous year.
What is the average import price for vegetable fats and oils in India?
+
In 2019, the average vegetable oils import price amounted to $1,126 per tonne, dropping by -21.2% against the previous year.

Product coverage:
• Prodcom 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the vegetable oils market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• India

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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