India is a relatively new market for canola oil. As the country's growing middle class seeks healthier foods, oil imports could see significant growth.

Market Profile

  • Population: 1.38 billion
  • Primary health concerns: Cardiovascular disease, diabetes
  • Total vegetable oil consumption (2019): 22.2 million tonnes
  • #2 vegetable oil consumer in the world

Imports of Canadian canola (2019)

  • Seed: 2,200 tonnes valued at $1.3 million
  • Oil: 15,000 tonnes valued at $11.6 million
  • Total value of exports to India: $12.9 million

Market trends

  • Imports have been increasing at conservative rates in recent years with imports spiking in 2012 and 2016.