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exim-pedia · 15 days ago
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Edible Oil Exports from India: A Comprehensive Overview of the Growing Industry
India's edible oil market is robust, playing a crucial role in the global edible oil industry. With an expanding export landscape, India has made significant strides, positioning itself as one of the prominent players in the edible oil sector. This article delves into the statistics, top exporters, importing countries, and the overall impact of Edible Oil Exports from India on the global market.
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The Importance of Edible Oil in India
Edible oil is a staple in Indian households and culinary traditions, with regional preferences dictating the type of oil used. Northern India favors mustard oil, while coconut oil is commonly used in the south. India stands as the second-largest consumer of edible oil worldwide and is also one of the leading producers. As Indian edible oils gain popularity globally, India has risen as a key exporter of edible oils.
Edible Oil Production in India: An Overview
India's agricultural economy benefits significantly from oilseed production. For the fiscal year 2023-2024, India produced an estimated 39.59 million tons of oilseeds, contributing between 5-6% of the world’s oilseed production. Key oilseed-producing states in India include:
Andhra Pradesh, Gujarat, Karnataka, Tamil Nadu: Groundnut production
Madhya Pradesh, Maharashtra, Rajasthan: Soybean production
Haryana, Rajasthan, Uttar Pradesh, West Bengal: Mustard production
These regions collectively contribute over 95% of the country’s edible oil production.
Growth Projections for India’s Edible Oil Market
The edible oil market in India is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2027, reaching USD 268.9 million. With increasing urbanization, changing food habits, and rising disposable income, demand for high-quality edible oils is set to grow. The Indian edible oil market is expected to expand from 24.7 million metric tons in 2023 to 27.9 million metric tons by 2032.
Key drivers include:
Urbanization: Changing eating habits and food choices
Increased disposable income: Rising preference for premium oils
Processed food demand: Usage of edible oil as a preservative and flavor enhancer
Edible Oil Export Data: India (2023-24)
India exported 7,070 shipments of edible oil from March 2023 to February 2024, with 300 exporters supplying products to 1,798 buyers globally. This marked a 115% increase in shipments compared to the previous year. Notably, India’s exports of oil meals, oilseeds, and minor oils reached 3.46 million tons, valued at Rs 14,609 crores in the fiscal year 2022-2023.
Top export destinations for Indian edible oil include the United States, China, and the Netherlands. In February 2024 alone, India shipped 503 edible oil cargoes, representing a 14% decrease from January 2024 and a 5% drop from February 2023 on a year-over-year basis.
Leading Indian Edible Oil Exporters
India's top edible oil exporters include major companies contributing to the country’s substantial exports:
Adani Wilmar Limited
Agro Tech Foods Ltd. (ConAgra Brands Inc.)
BCL Industries Ltd.
Bunge India Private Limited
Cargill India Private Limited
Emami Agrotech Limited
Gulab Oil And Foods Pvt. Ltd.
Sri Basant Oils Ltd.
AJ-overseas Trade
Shiv Nandi Oil
These companies play a vital role in meeting global edible oil demands, consistently delivering high-quality products.
Top Global Exporters and Importers of Edible Oil
Global demand for edible oil is substantial, with Malaysia leading the way as the largest exporter, followed by Indonesia and the Netherlands.
Top Exporting Countries
Malaysia - USD 1.66 billion
Indonesia - USD 1.52 billion
Netherlands - USD 424 million
Germany - USD 354 million
China - USD 342 million
Top Importing Countries
China - USD 786 million
Netherlands - USD 515 million
United States - USD 325 million
Malaysia - USD 271 million
Germany - USD 225 million
China, the Netherlands, and the United States represent significant markets for Indian edible oil exports, providing Indian exporters with opportunities for trade growth.
How Exportimportdata.in Supports Edible Oil Exporters
For those interested in entering the edible oil export market, platforms like Exportimportdata.in offer comprehensive, real-time data on edible oil exports and imports by country, connecting exporters with genuine buyers worldwide. The platform’s insights allow businesses to optimize trade strategies and make informed decisions.
Final Thoughts
India’s edible oil export market is growing, with significant global opportunities for Indian exporters. By adhering to international standards, maintaining quality, and implementing effective marketing strategies, Indian exporters can capitalize on this expanding sector. Exportimportdata.in offers the resources needed to support this journey, ensuring access to reliable and actionable data.
FAQ
Who are the top edible oil exporters from India?
Key exporters include Adani Wilmar, Agro Tech Foods Ltd., BCL Industries, Bunge India, and Cargill India.
Which countries import the most edible oil?
China, the Netherlands, the U.S., Malaysia, and Germany are among the largest importers.
What is the market growth expectation for edible oils in India?
The market is expected to grow from 24.7 million metric tons in 2023 to 27.9 million metric tons by 2032.
How much edible oil did India export between March 2023 and February 2024?
India exported 7,070 shipments, with a 115% increase compared to the previous year.
For more details on India’s edible oil export statistics and to connect with potential buyers, visit Exportimportdata.in.
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ajayrathorsingh · 26 days ago
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Empowering Baby Food Trade: India’s B2B Marketplace Insights
Explore how India’s B2B marketplace empowers baby food suppliers and buyers. Learn about the essential trade sites and export platforms that facilitate successful connections, driving growth and innovation in the food industry. For more information, visit our website: https://globaltradeplaza.com/suppliers/food-beverages/processed-food/baby-food
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exportimportdata13 · 1 month ago
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The Growing Impact of Nashik Onions on Global Trade
Nashik, located in Maharashtra, India, is renowned for its high-quality onions, which are characterized by their distinct bitter taste and remarkable shelf life. This city significantly contributes to Maharashtra's status as the largest onion-producing state in India, accounting for nearly 40% of the nation’s onion crop. The thriving onion trade in Nashik, particularly in Lasalgaon, positions the city as a crucial player in the global onion market.
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Why Nashik is Famous for Onions
Nashik's unique geographical features, including its fertile black and red soil and favorable climate, create ideal conditions for onion cultivation. Unlike many other states, which typically harvest onions twice a year, Maharashtra boasts a three-harvest cycle. This ability to produce onions more frequently helps meet the high domestic and international demand. As a result, Nashik onions are highly sought after, known for their pungent flavor and long-distance travel viability, making them excellent for export.
Key Facts and Statistics About Onion Production in Nashik
The onion market in Nashik is a vibrant hub of economic activity, significantly influencing India’s position as a top onion exporter. In the fiscal year ending March 31, 2023, India exported a record 2.5 million metric tonnes of onions, underscoring its importance in Asian markets. Key statistics about onion production in Nashik include:
Maharashtra’s dominance in onion production, contributing to 40% of the total crop.
A significant reduction in summer onion plantation area by 40% this year, totaling 2.21 lakh hectares in Nashik.
Fluctuating onion prices in wholesale markets, with prices dropping dramatically from 4,500 rupees to 1,200 rupees per 100 kg over recent months.
The Major Onion Market: Lasalgaon
Lasalgaon, near Nashik, stands as Asia's largest onion market and a critical hub for onion exports from India. The Agriculture Produce Market Committee (APMC) in Lasalgaon plays a pivotal role in regulating onion trade. However, it faced challenges when onion trading ceased in protest against the imposition of a 40% export levy by the government.
Major Export Destinations
India’s onion exports primarily target neighboring countries and beyond. In the 2022-23 period, the major destinations for Indian onions included:
Bangladesh
Malaysia
United Arab Emirates
Sri Lanka
Nepal
Indonesia
Top Onion Exporters in Nashik
The onion export landscape in Nashik features several prominent exporters, including:
Sunrise Exports
Ratan Trading Company
Zameer Traders
Omas Enterprises
Shri Radhe Krishna Trading Company
Sambha Agro FPC Ltd.
Ss-Mariner International Pvt Ltd.
B.K.P. Traders
Saptashrungi Traders
Shrikant Trading Company
These exporters are instrumental in connecting local producers with international markets, ensuring the global demand for Nashik onions is met.
Red Onion Suppliers in Nashik
In addition to general onion exports, Nashik is also home to a variety of red onion suppliers, such as:
Jayachandra Foods Private Limited
Az Overseas
JJ. Agrofarm Private Limited
Swastik Traders
Alka Impex
Eagle International Export & Import
Shree Ambe Traders
Sadguru Food Processing
Sree Ram Traders
Krishna International
These suppliers specialize in delivering high-quality red onions to domestic and international markets.
Government Regulations on Onion Exports
In response to domestic market fluctuations, the Indian government has extended the ban on onion exports until March 31, 2024. This decision aims to stabilize prices and ensure sufficient domestic availability of onions, especially leading up to the general elections. The government’s policy change, initially announced in December 2023, reflects ongoing concerns over domestic supply.
Conclusion
Nashik's onion exporters are vital in bridging local agriculture with global markets, showcasing the region's agricultural strength. With the assistance of platforms like ExportImportData.in, stakeholders can access valuable export import data and insights necessary for navigating the onion trade landscape. This data-driven approach empowers exporters to make informed decisions and seize opportunities in the ever-evolving global marketplace.
If you're looking to explore more about onion exporters in Nashik or require detailed export import data bank information, visit ExportImportData.in to gain insights and strategies tailored to your needs.
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vtitowels · 3 months ago
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Discover the Ultimate Beach Experience with Vertex Textile Industries!
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Elevate your beach outings with premium beach towels from Vertex Textile Industries, a leading manufacturer in India. Crafted from 100% organic cotton, our towels combine softness with durability, ensuring a luxurious feel while being easy to clean. With customizable designs and vibrant colors, our towels are perfect for both personal use and corporate branding. Dive into comfort and style—your perfect beach companion awaits!
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jasonsmith101992 · 4 months ago
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Global Pharmaceutical Solutions by M Care Exports - Your Trusted Partner in Medicine Supply
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M Care Exports is a leading pharmaceutical exporter based in India, dedicated to ensuring global access to essential medicines. We believe everyone should have easy access to vital pharmaceuticals, which drives our extensive efforts worldwide. Our mission is to deliver life-saving medicines to those in need, regardless of their location. Partner with us for reliable and timely pharmaceutical supplies.
Contact us today to learn more about our products and services, and join us in making a difference in global healthcare today :https://mcareexports.com/.
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exporters-india · 7 months ago
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This Navratri, let's light up the path to success together! 𝐄𝐱𝐩𝐨𝐫𝐭𝐞𝐫𝐬𝐈𝐧𝐝𝐢𝐚 wishes you a joyous celebration filled with opportunities and abundance.
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howwoodchippers · 10 months ago
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How Wood Chippers from Keyul Enterprise are Revolutionizing Agriculture in Mumbai
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In the heart of Mumbai, the agricultural landscape is undergoing a remarkable transformation, thanks to the pioneering efforts of Wood Chipper Manufacturers. Among them, Keyul Enterprise stands out as one of the Best Wood Chipper Manufacturers, Suppliers, and Exporters from India, leading a revolution in the agriculture industry. Let's explore how Wood Chippers, including those from Keyul Enterprise, are playing a pivotal role in reshaping farming practices.
Wood Chipper Manufacturers: Key Players in Agricultural Innovation
Wood Chipper Manufacturers, particularly those like Keyul Enterprise, have become key players in driving agricultural innovation. Their wood chippers are designed to cater to the unique needs of the farming community in Mumbai and beyond. As one of the Best Wood Chipper Manufacturers, Suppliers, and Exporters from India, Keyul Enterprise is at the forefront of delivering cutting-edge solutions for the evolving agricultural landscape.
The Versatility of Wood Chippers
Wood Chippers, including those crafted by Keyul Enterprise, are versatile machines with a multitude of applications. These machines excel not only in chipping wood but also in processing various organic materials. The robust design and efficiency of Keyul Enterprise's wood chippers make them indispensable for farmers seeking sustainable and eco-friendly solutions.
Best Wood Chipper Manufacturers, Suppliers, and Exporters from India
Keyul Enterprise has earned its reputation as one of the Best Wood Chipper Manufacturers, Suppliers, and Exporters from India. Their commitment to quality and innovation sets them apart in the market. Farmers looking for reliable and efficient wood chippers need not look further, as Keyul Enterprise delivers products that meet global standards.
Pellet Machine Manufacturers: A Natural Progression for Sustainable Farming
In addition to being renowned Wood Chipper Manufacturers, Keyul Enterprise has ventured into being Pellet Machine Manufacturers. Pellet machines play a crucial role in transforming wood chips into a valuable energy source. This natural progression aligns with the growing demand for sustainable farming practices and alternative energy solutions.
Wood Sawdust Machine Manufacturers: Transforming Waste into Resources
Keyul Enterprise, as prominent Wood Sawdust Machine Manufacturers, understands the significance of transforming waste into valuable resources. The sawdust produced by their machines serves as a versatile material for various agricultural applications, contributing to a more circular and sustainable farming system.
Cow Dung Dewatering Machine Manufacturers: Nurturing Soil Health
Agricultural sustainability goes beyond wood processing, and Keyul Enterprise recognizes this. As Cow Dung Dewatering Machine Manufacturers, they play a vital role in converting cow dung into nutrient-rich organic fertilizers. This not only helps in waste management but also enhances soil health, promoting eco-friendly farming practices.
In conclusion, Wood Chipper Manufacturers like Keyul Enterprise are ushering in a new era in agriculture in Mumbai. Their wood chippers, along with additional offerings like pellet machines and cow dung dewatering machines, are addressing the evolving needs of farmers. The versatility and sustainability embedded in these solutions are transforming agriculture into a more efficient, eco-friendly, and forward-looking industry. As Mumbai's farming community embraces these innovations, the impact of Wood Chipper Manufacturers, especially industry leaders like Keyul Enterprise, is undeniably revolutionizing the agricultural landscape for the better.
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satdalinternational · 1 year ago
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India's Export to The Netherlands
Netherlands emerges as India's 3rd largest export destination.
India's trade surplus with the Netherlands has also increased from $ 8 billion in 2021-22 to $ 13 billion in Year 2022-23.
Exports from India to the Netherlands rose by about 48% to $ 18.52 billion during 2022-23 against USD 12.5 billion in 2021-22.
it's also future opportunity for India as the Netherlands is gate of EU market. With efficient port infrastructure and railway connectivity to low cost transportation.
www.satdalinternational.com
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exlexportssolutionsllp · 3 months ago
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Revolutionize Your Food Processing with Auto Cleaning Hump Magnets - India's Top Exporter
Take your food processing to the next level with our Auto Cleaning Hump Magnets. Designed for efficiency and ease, these magnets ensure seamless cleaning and minimal maintenance. As the leading Auto Cleaning Hump Magnet exporter in India, we are committed to delivering high-quality solutions that meet your needs. Discover how our technology can enhance your production line and optimize your operations.
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databasecompany · 1 year ago
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Indian importers list
Discover India's premier export companies and importers with our detailed Excel lists. Elevate your B2B growth strategies with essential contact information. Benefit from extensive industry coverage and exclusive discounts. Unlock your business potential today. Visit- www.99datacd.com
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ibeforg · 1 year ago
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Indian Trade Partners - IBEF India
India's trade partners play a significant role in shaping its economy and fostering international trade relations. India's major trade partners include the United States, China, United Arab Emirates (UAE), Saudi Arabia, and Germany. These nations engage in extensive bilateral trade with India, encompassing a wide range of sectors such as oil and gas, automobiles, electronics, textiles, and pharmaceuticals. For more info, you can visit the India Brand Equity Foundation website.
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mygstrefund · 2 years ago
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India's exports in merchandise are expected to reach $495 billion to $500 billion and services exports reach $400 billion by March 2024.
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exportimportdata13 · 2 months ago
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Exploring the Growing Market for Dry Ginger Exports from India
The global demand for dry ginger is on the rise, and India stands at the forefront as the world’s largest producer and exporter of this versatile spice. With a production value of 178,000 metric tons (MT) in 2022 and export revenues reaching $50.56 million, the dry ginger export business from India presents lucrative opportunities for traders and businesses alike. This article delves into the dynamics of dry ginger export from India, key statistics, major players, and insights on how to successfully navigate this market.
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The Landscape of Dry Ginger Exports
Between 2014 and 2018, dry ginger exports from India saw a decline, but the trend has since reversed. In 2022, India exported approximately 10,000 shipments of dry ginger, facilitated by 1,065 exporters catering to 2,353 international buyers. The primary export destinations include Morocco, the United States, the United Arab Emirates, Saudi Arabia, and Spain, indicating a diverse global market for this spice.
Key Players in the Export Market
India's competitive edge in the global spice trade is underscored by its understanding of ginger’s flavor profile and culinary applications. Major exporters such as Nani Agro Foods, Surendraray & Co, Basil Food Export, and Jai Commercial Centre play pivotal roles in the dry ginger supply chain, ensuring quality and consistency in their products.
Global Market Insights
The dried ginger market was estimated at $1.5 billion in 2023 and is projected to grow to $2.39 billion by 2030. This increasing demand highlights the significant potential for profit in the dry ginger export business. Additionally, India competes closely with other top ginger-exporting countries like China, the Netherlands, and Brazil.
Leading Ginger-Producing States in India
In India, the top ginger-producing states are Madhya Pradesh, Karnataka, and Assam. Madhya Pradesh leads with a production of 692.11 thousand MT, representing 31.18% of India’s total ginger output. Karnataka and Assam follow with 306.34 thousand MT and 170.73 thousand MT, respectively.
Understanding Export Documentation
To successfully export dry ginger, it is essential to understand the necessary documentation and compliance requirements. Key documents include:
Business Registration with the Ministry of Corporate Affairs (MCA)
GST Registration
Import Export Code (IEC)
CRES Certificate from the Spice Board of India
APEDA Registration
Phytosanitary Certificate
These documents ensure that exporters meet local and international standards, facilitating smoother trade.
How to Start Exporting Dry Ginger
For businesses looking to enter the dry ginger export market, the following steps can serve as a roadmap:
Market Research: Understand the dynamics of the global spice market and identify potential buyers.
Documentation: Gather all required export documents to comply with regulatory standards.
Export License: Apply for an export license through the Directorate General of Foreign Trade (DGFT).
HS Codes: Familiarize yourself with the relevant HS Codes (e.g., 09101120) for proper categorization and reporting.
Commercial Invoices: Prepare detailed invoices outlining product specifics, pricing, and payment terms.
Consulting with export specialists can also provide valuable insights into market trends and logistical considerations.
Conclusion
India’s rich agricultural heritage, coupled with its leading position in dry ginger production, offers exciting opportunities for businesses aiming to tap into the global spice market. With increasing demand and robust export infrastructure, India is well-positioned to strengthen its foothold as a leading exporter of dry ginger. For those interested in pursuing this venture, staying informed through data platforms and industry insights will be crucial for navigating this growing market successfully.
Whether you seek updated export data or specific HS Codes for dried ginger, consulting with experts in the field can enhance your understanding and operational efficiency in the spice export business.
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doorbrother · 2 years ago
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jasonsmith101992 · 5 months ago
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India, Often Referred To As The “Pharmacy Of The World,” Has Been Making Significant Strides In The Pharmaceutical Sector. With A Robust Infrastructure, Skilled Workforce, And Competitive Pricing, India Is Emerging As A Global Leader In Pharma Exporting. In This Blog, We’ll Explore Why Pharma Exporting From India Holds Immense Potential And How It Is Shaping The Future Of Global Healthcare.
To know more about top potential pharma exporter in India then read the full blog at: https://mcareexports.com/the-rising-potential-of-pharma-exporting-from-india/.
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seaireximsolution-blog · 5 months ago
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Cumin Seed Export: A Comprehensive Guide on Cumin Seed Export from India
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Cumin, natively belonging to the parsley family, has its origins in Western Asia but has become a staple in Indian cuisine. Its unique aroma, flavor, and numerous health benefits have made it indispensable in every Indian kitchen. Interestingly, India and Iran are the primary producers of cumin. With India producing around 325,000 to 350,000 metric tons of cumin annually, it consumes 90% of its production domestically and exports the remaining 10% globally.
In 2022, India exported cumin seeds worth $497 million, primarily to the US, Bangladesh, and Canada. In this guide, we’ll explore the cumin seed exporters in India, cumin export destinations, ways to find cumin seed export data, strategies for cumin seed export from India, and more.
Production of Cumin in India
Overview of Cumin Production in India
Global cumin (jeera) production is around 2.2 lakh metric tons per year.
India produces approximately 1.5 lakh metric tons annually.
Rajasthan and Gujarat are the major producers, contributing 90% of India’s total cumin seed production.
Organic cumin seeds, cultivated without chemical fertilizers and pesticides, are in high demand in Western countries.
Cumin Seed Export from India: 2023-24
Cumin seed export from India have seen a compound annual growth rate (CAGR) of 14% over the past seven years due to increasing global demand.
Export Data Highlights
India exported about 1.84 lakh metric tons of cumin in 2023-24 and expects to export around 1.92 lakh metric tons in 2024.
Major importers include China, the USA, Vietnam, the UAE, and Bangladesh, accounting for over 60% of total cumin seed exports.
Top importers are the USA with 808 shipments, Bangladesh with 1,175 shipments, and Nepal with 494 shipments.
Key HSN codes for cumin seed export from India: 09093129, 09093190, and 09093200.
Top Cumin Seed Exporters in India
Leading Cumin Seed Exporters
Royal Spices
Yuvaraju Agro Impex
Viralspices.com
Badani Corporation
Dhaval Agri Exports LLP
ECO Exports
Surendraray & Co
Dharsini Exports
Wings Food and Chemicals Private Limited
Shri Shyam Index
For more details about these exporters, visit the cumin seed export data or jeera export from India section on the Seair Exim Solution website.
Top Exporting Spices from India
Apart from cumin, India is a leading producer, consumer, and exporter of various other spices. Here’s a list of the top spices exported from India:
Top Spices Exported from IndiaExport Value (2023-24)
Red Chilli $1.08 billion Black Pepper $1.18 billion Coriander $80.5 million Cumin $510 million Mustard $58.5 million Fenugreek $160 million Fennel $471 million Dry Ginger $1.5 billion Cardamom $225 million Turmeric $450 million
Trends in the Jeera Export from India in 2024
Market Trends and Insights
Favorable weather and increased sowing areas have led to record cumin production in Gujarat and Rajasthan, causing an oversupply.
Total production is estimated at 4.04 metric tons, with 14-15 metric tons already produced by February 2024.
Rajasthan saw a 53% increase in jeera production compared to last year.
Despite increased production, jeera exports declined by 23.75% during April-February compared to the same period last year.
February 2024 saw an 11.54% decline in exports compared to January 2024 and a 3.49% decline compared to February 2023.
The jeera market is experiencing short covering, with a drop in open interest of -6.39% and prices rising by 830 rupees.
Strategies for Success in Exporting Cumin from India
Market Research
Conduct thorough market research on competitors, market trends, and strategic decisions.
Research helps determine cumin seed export prices from India.
Focus on Quality Control
Ensure the highest quality products to meet international standards.
Indian cumin seeds are valued for their quality and health benefits.
Understanding Regulations
Familiarize yourself with government policies, taxes, tariffs, and other regulations related to cumin exports.
Partner with a Reliable Exporter
Find genuine suppliers or exporters that meet your requirements. Visit Seair Exim Solution for a detailed list of reliable cumin seed exporters in India.
Updated Cumin Seed Export Data
Utilize platforms like Seair Exim Solution for real-time cumin seed export data, market insights, and exporter contact details.
How to Find Cumin Seed Export Data
Seair Exim Solution offers export and import data for over 130 countries. Our user-friendly interface provides real-time cumin seed export data, lists of exporters, and market insights, updated by experts from reliable sources.
Conclusion
Despite challenges like COVID-19 and inflation, the demand for cumin seeds remains strong both domestically and internationally. The global market for cumin is growing, and with the right strategy and knowledge, success in the cumin seed export business is attainable. Accessing detailed cumin seed export data can provide the necessary insights to thrive in this market. Visit Seair Exim Solution for more information.
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