| Product Code: ETC7556278 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s vegetable oil import shipments in 2024 continued to be dominated by top exporting countries such as Indonesia, Malaysia, Nepal, Sierra Leone, and Bangladesh. The Herfindahl-Hirschman Index (HHI) indicated a very high concentration in the market, emphasizing the stronghold of these exporting countries. Despite a remarkable compound annual growth rate (CAGR) of 83.12% from 2020 to 2024, there was a slight decline in the growth rate in 2024, with a -2.03% change from the previous year. This data suggests a stable yet highly competitive landscape for vegetable oil imports in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Vegetable Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vegetable Oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Vegetable Oil Market - Industry Life Cycle |
3.4 India Vegetable Oil Market - Porter's Five Forces |
3.5 India Vegetable Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Vegetable Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Vegetable Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and preference for healthier cooking oils |
4.2.2 Growth in population and changing dietary habits in India |
4.2.3 Rising disposable incomes leading to higher consumption of vegetable oils |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like soybean, palm, and sunflower impacting production costs |
4.3.2 Competition from other cooking oils like mustard oil, coconut oil, and olive oil |
4.3.3 Government regulations and policies affecting the vegetable oil market |
5 India Vegetable Oil Market Trends |
6 India Vegetable Oil Market, By Types |
6.1 India Vegetable Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Vegetable Oil Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Vegetable Oil Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.4 India Vegetable Oil Market Revenues & Volume, By Rapeseed (Canola) Oil, 2021- 2031F |
6.1.5 India Vegetable Oil Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.2 India Vegetable Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Vegetable Oil Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 India Vegetable Oil Market Revenues & Volume, By Feed, 2021- 2031F |
6.2.4 India Vegetable Oil Market Revenues & Volume, By Industrial, 2021- 2031F |
7 India Vegetable Oil Market Import-Export Trade Statistics |
7.1 India Vegetable Oil Market Export to Major Countries |
7.2 India Vegetable Oil Market Imports from Major Countries |
8 India Vegetable Oil Market Key Performance Indicators |
8.1 Consumer awareness and adoption of healthier cooking oils |
8.2 Demand for premium and organic vegetable oils |
8.3 Import/export trends of vegetable oils in India |
9 India Vegetable Oil Market - Opportunity Assessment |
9.1 India Vegetable Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Vegetable Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Vegetable Oil Market - Competitive Landscape |
10.1 India Vegetable Oil Market Revenue Share, By Companies, 2024 |
10.2 India Vegetable Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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