India's Olive Oil Imports Expected to Rise 20 Percent
India's imports of olive oil are expected to rise by 20 percent to 13,500 tons according to the Indian Olive Association. Most of it will come from Spain.
India’s imports of olive oil are expected to rise by 20 percent, with an estimated 13,500 tons needed during the current fiscal year due to increased demand among urban consumers. The majority of olive oil imports into India come from Spain, Italy, and Turkey, with domestic production not yet meeting the demand.
India’s imports of olive oil are expected to rise by 20 percent, according to the Indian Olive Association.
Due to rising demands for olive oil among urban Indian consumers, it is estimated that 13,500 tons will need to be imported during the current fiscal year. So far this year, 11,106 tons of olive oil have been imported, with 65 percent sourced from Spain, the world’s largest producer of olive oil, as well as Italy and Turkey.
See Also:Olive Oil Imports and Exports
As reported in The Economic Times, the Indian Olive Association’s president, Rajneesh Bhasin, announced that 3,062 tons of olive oil was imported in the three-month period from April to June, representing a 19 percent increase compared to a year ago.
Based on these figures, similar growth is expected in coming months, according to Bhasin, and imports were down last year due to high global olive oil prices, increased import duties, and a weak Rupee against the Euro.
Though India is experimenting with olive production in the state of Rajasthan, domestic olive oil is not yet available on the Indian market, and imports are necessary to satisfy demand.
Indians consume a small amount of olive oil compared to other oils: only 0.1 percent of the 17 million tons of edible oils consumed every year. A three-year advertising campaign promoting olive oil was launched in India in 2014 with the message that olive oil is a healthy alternative to other oils and suitable for Indian cuisine.
Today there are over 90 olive oil brands competing for Indian consumers, with olive pomace oil dominating the market.
Related Articles
Jul. 25, 2025
Economy Minister Warns Spain’s Olive Oil Exports Vulnerable to U.S. Tariffs
With U.S. tariffs on imports from Europe expected to rise to 15 percent, new data suggests some producers are frontloading exports.
Nov. 17, 2025
The Opportunities and Challenges of Colombia’s Olive Oil Market
Olive oil consumption in Colombia has nearly doubled in five years. Yet importers say consumer education and high logistics costs limit the market’s potential.
Nov. 4, 2025
Drought and Low Yields Push Jordan to Explore Olive Oil Imports
With output expected to fall by half due to drought and natural yield cycles, Jordan faces rising olive oil prices and supply shortages.
Apr. 6, 2025
Trump's Tariffs: European Olive Oil Producers Brace for Market Disruption
New levies on imported olive oil from EU countries will lead to price increases and trade imbalances, experts predict.
Oct. 24, 2025
Tunisia Eyes Record Olive Oil Production
Tunisia expects a record 500,000-ton olive oil harvest, a 50 percent increase from last year, strengthening its economy and global standing among top producers.
Sep. 2, 2025
Peru’s Olive Oil Sector Eyes Record Rebound in Despite Pest and Trade Challenges
While exporters see opportunities in global markets, structural weaknesses in Peru’s value chain and low farm-gate prices continue to challenge thousands of olive and table olive farmers.
Nov. 26, 2025
Global Olive Oil Production Hits Record 3.5 Million Tons
A new report forecasts global olive oil production at a record 3.507 million tons for 2024/25, driven by strong recovery in Spain and rising output in non-EU countries.
Apr. 21, 2025
Trump's Tariffs Threaten Greek Olive Oil, Table Olives
Tariffs on imported food from the E.U. jeopardize the Greek staples' positions in the American market, but negotiations are ongoing.