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Rapeseed Output 2024
April 10 , 2024
26 days
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- India’s rapeseed and mustard output is likely to rise 7% from last year to a record 12.09 million metric tons in 2024.
- Higher rapeseed output will help the world’s biggest vegetable oil importer to cut back on expensive palm oil and sunflower oil imports from Malaysia, Indonesia, Brazil, Argentina, Ukraine, and Russia.
- The country meets 70% of its annual requirement through imports.
- The rise in production is mainly due to a 5% growth in acreage to 10 million hectares.
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