Oils & Oilseeds are two of the most sensitive and essential commodities. India
is one of the largest producers as well the consumer of Oilseeds & Edible oils
in the world and this sector occupies an important position in the agricultural
economy. Covering an area of 32-33 million hectares and accounting for the
production of 37-38 mn tonnes of oilseeds annually against a world production
of about 504.43 million tons; India contributes about 7.4% of the world oilseeds
production,and is the 4th largest edible oil economy in the world.
The share of India in the world oilmeals export market is about 5.45%. India is
one the largest importer of Edible oils. In 2012-13 Indian imports of Edible oil
were seen at 10.3 million tons. Of which 5.8 million were CPO.
India is fortunate to have a wide range of oilseeds crops grown in its different
agro climate zones. Soybeans, Groundnut, Mustard/Rapeseed, Sesame,
Safflower, Linseed, Nigerseed/Castor, and Cottonseeds are the major
traditionally cultivated oilseeds. Soybeans and Rape Mustard seed acquires
the lion’s share of the overall Oilseeds production in India. They together
constitute more than 17 million tons of Oilseeds produced by India every year.
The total Oilseeds production in the world for the year 2013-14 is estimated at
504.43 million tonnes, out of these, Soya bean (284.5), Cotton Seed (44.43),
Peanuts (40.15), Sunflower Seed (43.78), Palm Kernel (15.44) and Copra (5.68).
The estimated world vegetable oil production for the year 2013-14 is 169.53
million M.T. Out of this, Palm Oil (58.52), Soybean oil (44.60), Rapeseed oil
(26.00), Sunflower oil (15.94), Cotton seed oil (5.11), Peanut oil (5.69), Palm
kernel oil (6.83), Coconut oil is (3.55) and Olive oil (3.28).
The world protein meals production for the year 2013-14 is estimated at 280.18
million tons, out of this, Soy bean is (188.39), Rape (38.53), Cotton (15.58),
Sunflower (16.68), Peanut (6.96), Palm kernel (8.16), Fish (4.20) and Copra
(1.88). |
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