Mustard Oil Export from India: Key Markets, Trends, and Opportunities

Key Highlights

• Among the world's leading producers of mustard oil, India produced a record 12 million metric tonnes in 2023–2024.

• As per mustard oil export data from India, India exported 4,885,437 metric tonnes of mustard oil worth INR 15,370 crore in 2023–2024. In comparison to 2022–2023, this indicates a 13% increase in quantity and a 35% increase in value.

• The Netherlands, Germany, Norway, Mexico, and the United States are the top importers of mustard oil.

• The leading global mustard oil exporters are Australia, the Czech Republic, the Netherlands, Poland, and Ukraine.

• The top mustard oil HS codes are 15149120, 15149920, and 23069012.

• Approximately 90% of the world's mustard oil production comes from these five countries: Nepal, Russia, Canada, India, and Myanmar. Nepal is also the world's top producer and exporter of mustard oil.

Did you know? Indians and mustard oil have a long and meaningful history dating back more than 4,000 years. The most widely used vegetable oil in India is mustard oil, which is also used as a remedy for all illnesses and in a variety of culinary applications. It is primarily used in salad dressings, hot oil massages, and all types of Indian cuisine in northern and northeastern kitchens.

However, India is the world's largest producer of mustard oil, with 12 million metric tonnes produced in 2023–2024—a record high. Despite being a significant exporter, India is not among the top exporters of mustard oil because of the country's high mustard oil consumption.

This blog will cover statistics on mustard oil export from India, as well as production and mustard oil export data from India. Also, we will look at mustard oil HS codes, the leading mustard oil exporters importers, and emerging trends.

What is The Global Demand for Mustard Oil?

The market for mustard oil was valued at 10.2 million metric tonnes globally in 2023, and growth at a compound annual growth rate (CAGR) of 3.5% is projected for the market until 2034. Approximately 20 million metric tonnes of mustard oil are sold annually, or 30% of India's edible oil market.

Mustard oil market size in India: India's edible oil market is predicted to grow at a compound annual growth rate (CAGR) of about 15% and reach 35 million metric tonnes by 2025.

Is The Mustard Oil Business Profitable?

Over the past ten years, the nation has exported a remarkable amount of mustard oil. It is providing exporters of mustard oil with new opportunities. A few factors contribute to the mustard oil industry's profitability:

• Because of the expanding South Asian diaspora, mustard oil has made its way into more recent markets like the Middle East, Europe, and the United States.

• The backing of the Indian government has fostered a climate that encourages manufacturers to look for overseas markets.

• The international recognition of Indian mustard oil has increased due to certifications such as ISO, HACCP, and organic labels.

What is The Position of India in Mustard Production?

Did you know Nepal is the largest producer of mustard oil in the world with 220,250 tonnes of mustard produced annually. 

With 11% of the world's production, India is the third-biggest producer of mustard oil, behind China and Canada. Rapeseed and mustard are the important oilseed crops and also one of the second largest oilseed crops in India.

It is organically extracted from mustard seeds that are brown, black, and yellow.

With a 40–50% share of global production, the Indian state of Rajasthan is the biggest producer of mustard oil.

India stands as one of the global leaders in the production of mustard oil, with a record-breaking 12 million metric tonnes produced in 2023–2024.

Mustard Oil Export from India: 2023-24

Let’s explore the most recent statistics on mustard oil export from India!

Key Point for Mustard Oil Export from India

• Based on mustard oil export data, 2,241 Indian exporters sent 46k shipments of mustard oil to 5,851 buyers.

• Australia, the United Arab Emirates, and India are the country's top export destinations for mustard oil.

• Mustard is exported in three grades: Grade I (Kachchi Ghani) is refined mustard oil, and Grade II is non-edible mustard oil.

• Based on mustard oil exporters data, India exported 4,885,437 metric tonnes of mustard oil worth INR 15,370 crore in 2023–2024. Compared to 2022–2023, this indicates a 13% increase in quantity and a 35% increase in value.

Now, let's find out the mustard oil trending HS code!

Trending Mustard Oil HS Code

The top three product categories for Indian mustard oil exports are listed below with their HS codes:

The HS Code lists the top classifications of mustard oil export from India. In international trade, the HS code offers a distinctive identity that aids in the classification of traded goods.

Let us talk about the top nations that purchase Indian mustard oil!

Which Nation Imports Indian Mustard Oil?

The top markets for export of mustard oil from India are listed below. This list includes the quantity of export information broken down by nation.

With an export volume of more than 134,000 metric tonnes in 2023, Australia was the top importer of mustard oil from India, according to mustard oil exporters statistics.

The nations above are in high demand for Indian mustard oil, which is integral to India's export of mustard oil.

It’s high time to explore the leading exporters of mustard oil from each nation or mustard oil exporting countries!

Global Mustard Oil Exporters

With export values ranging from 2023 to 2024, the following is a list of the top mustard oil exporters:

Thus, these are the leading exporters of mustard oil. According to data on mustard oil exports, the Netherlands was the top exporter, with USD 617.7 million in mustard oil exports. The market for mustard oil exports is dominated by the nations above. 

However, you can easily explore global import and export data by connecting with Exportimportdata if you need mustard oil export data from India or a list of mustard oil exporters.

Top Mustard Oil Exporter in India

A few of the biggest exporters of mustard oil are listed below:

• Ramesh Edible Oil

• Kisan India Plus

• Suyash ayurveda

• Patanjali Mustard Oil

• P Mark Mustard Oil

• Engine Mustard Oil

• Nature Fresh Mustard Oil

• Bail Kolhu Mustard Oil

• Dhara Mustard Oil

• Fortune Mustard Oil

According to mustard oil export data, there are 2,241 active exporters of mustard oil from India. Below are some of the most impressive and significant exporters of mustard oil. Updated insights on mustard oil exports are needed to obtain a complete list. 

Visit Exportimportdata.in to find out more information about mustard oil export from India. Our dashboard is meant to save you time and is easy to use.

How to Export Mustard Oil from India?

To export mustard oil from India, you can consider the following: 

• Documentation: Verify that you possess all required paperwork, such as shipping documents, certificates of analysis, and export permits.

• Compliance: To guarantee a seamless customs clearance process, adhere to all regulatory requirements.

• Communication: Establish open communication channels with the exporter to ensure continued support and assistance.

• Minimum export price: A minimum export price of USD 900 per metric tonne is required for mustard oil, which can only be exported in packs of up to 5 kilograms.

Also, you can obtain mustard oil export data to export mustard oil from India effectively and efficiently. Contact Exportimportdata.in to get the most precise and current importer list and mustard oil buyer data.

The Last Remarks!

Mustard oil is in high demand and is growing quickly due to its many health benefits and ability to enhance the flavour of food. Before engaging in any trade involving mustard oil export from India, traders must conduct adequate market research. 

The use of mustard oil export data can aid in obtaining deep market insights by assisting in the identification of trustworthy suppliers and buyers, as well as nearby rivals. Visit Exportimportdata.in, the leading provider of import-export data, and sign up for a free demo.