Indian kitchens demand oil; production declines

Pushed by the rising use of oil as a medium for cooking in rural areas and the falling production of oilseeds, India’s edible oil imports more than doubled in the decade to 2015, according to ministry of consumer affairs data. Consumption in rural households rose 40 per cent and urban 29 per cent between 2004 and 2012, and oilseed production declined seven per cent between 2005 and 2012, according to August 2015 report from the ministry’s department of food and public distribution.

Use of edible oil has varied based on prices and availability, but demand appears uninterrupted, a likely consequence or rising population. Edible oil is produced from oilseeds, and the department of food and public distribution report suggests that their production fell by a million tonnes over a decade ending 2015. Imports now account for two-thirds of the India’s edible oil demand, which is unlikely to reduce as the population grows and incomes continue to increase. The consumer is likely to pay for taxes imposed on imports.

Leave a Reply



Related Articles

Check Also