How much Palm oil does India consume

Published Jan 2, 2025

Tridge summary

India consumes 23-25 million tonnes of edible oil annually, with 8-10 million tonnes being palm oil. The majority of this palm oil is used in food, with the rest being used in cosmetics and industrial products. Indonesia, Malaysia, and Thailand are the primary suppliers of India's palm oil. The demand for palm oil in India has remained stable in the past decade due to its low cost, extended shelf life, and neutral taste. In 2024, the price of palm oil increased by 22%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

India consumes 23 to 25 million tonnes of edible oil a year. Of that, nearly 8-10 million tonnes is palm oil. 90% of this palm oil is consumed as food. About 15 to 16 million tonnes of edible consumed in India is imported from other countries. Palm oil accounts for 60% of all imported vegetable oils and 37% of overall edible oil consumed. Most of India’s palm oil imports come from Indonesia, Malaysia, and Thailand. Edible oils are used actively for cooking, frying, garnishing and seasoning. Palm oil in India is sold as a direct edible oil or as a blend with other oils like soybean, sunflower, rice bran oil, etc. Palm oil is used in processed foods like bread, biscuits, instant noodles, chips, chocolates, ice creams, margarine, sweets, pizzas and doughnuts. Palm oil is also used in Indian fried snacks like samosas, farsan, namkeen, and French fries. Palm oil is in nearly everything: lipsticks, toothpaste, soaps, shampoos, and deodorant to detergents and house cleaners. It is said ...

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