Agri Buzz: Indias Vegetable Oil Imports Spurt 32% On Year In October 2022

14 Nov 2022 , 04:41 PM

According to the SEA of India, Import of vegetable oils during Oil Year 2021-22 (Nov.21 to Oct.22) i.e. edible oil and non-edible oil is reported at 144.1 lakh tons (14.4 MnT) compared to 135.3 lakh tons (13.53 MnT) during 2020-21 i.e. up by 6.5%. In terms of value for import of edible oil gone up to Approx. Rs. 1.57 lakh crores in 2021-22 from Rs. 1.17 lakh crores in 2020-21 i.e. up by 34%. Import of Vegetable Oils during October 2022 is reported at 1,396,969 tons compared to 1,060,549 tons for Oct.21 consisting of 1,365,995 tons of edible oils and 30,974 tons of non-edible oils i.e. up by 32%. Powered by Commodity Insights