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Agricultural Economics Research Review
Year : 2021, Volume : 34, Issue : conf
First page : ( 231) Last page : ( 231)
Print ISSN : 0971-3441. Online ISSN : 0974-0279.

The Indian oilseeds scenario: An economic perspective

Mathew Shilpa*, Prema A

Kerala Agricultural University, Thrissur-680 656

*Corresponding author: shilpamathew111@gmail.com

Online Published on 16 March, 2022.

Abstract

The oilseed sector occupies an important position in India's agricultural economy. India is the fifth largest oilseed producing country in the world (8%) after the USA (29%), Brazil (22%), Argentina (15%) and China (11%). The annual growth rate in area and production is positive and highest for castor, followed by soybean and sesame. The highest share in the area (42%) and production (39%) is of soybean. The increase in income level, as well as imports, has boosted the per capita consumption of edible oils in India. Palm oil accounts for 55% of the total edible oil imports. The export of de-oiled meals is found to be in a greater proportion than that of oilseeds and edible oils.

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