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: 1.31 billion
  • Primary health concerns: Cardiovascular disease, diabetes
  • Total vegetable oil consumption (2016): 20.4 million tonnes
  • #2 vegetable oil consumer in the world

Imports of Canadian canola (2016)

  • Oil: 35 thousand tonnes valued at $32.7 million
  • Total value of exports to India: $32.7 million

Market trends

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