Mustard Oil Export from India: A Growing Global Market

Key Highlights:

• Among the world's leading producers of mustard oil, India produced a record 12 million metric tons in 2023–2024.
• India exported 4,885,437 metric tonnes of mustard oil worth INR 15,370 crore in 2023–2024. This indicates a 35% increase in value and a 13% increase in quantity between 2022 and 2023.
• The Netherlands, Czech Republic, Ukraine, Poland, and Australia are the largest  exporter of mustard oil worldwide. 
• As per mustard oil export data, the main mustard oil HSN Codes 15149120, 15149920, and 23069012 identify the top product categories for mustard oil export from India. 
• Nepal is the world's top mustard oil producer and exporter, followed by Russia, Canada, India, and Myanmar. These countries produce approximately 90% of the world's mustard oil.

For over 4,000 years, Indians have been significantly related to mustard oil. Mustard oil is the most widely used vegetable oil in India, used in many culinary techniques and as a remedy for a wide range of illnesses. It is primarily used in north and northeast Indian kitchens for food preparation, salad dressing, and hot oil massage.

With a record-breaking 12 million metric tonnes produced in 2023–24, India is the world's top producer of mustard oil. India is a major exporter of mustard oil, but its high domestic consumption prevented it from ranking among the top exporters.

This blog will cover a variety of topics, including the production of mustard oil, its export statistics, the export of mustard oil from India, mustard oil HSN codes, the top importers and exporters of mustard oil, and much more.

So let us begin by going over the production statistics for mustard oil!

India's Mustard Oil Production: Statistics

• It comes from yellow, black, and brown mustard seeds that are naturally extracted.
• India's most prolific producer of mustard oil, Rajasthan, accounts for 40–50% of global production.
• One of the significant producers of mustard oil is India, which in 2023–2024 produced a record 12 million metric tonnes.

We will now examine the data and statistics surrounding mustard oil export from India!

How Big Is the Mustard Oil Industry?

The global mustard oil market was estimated to be worth $14.39 billion in 2023. It's expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. 

Indian Mustard Oil Market:

In India, mustard oil accounts for about 30% of the edible oil market, which is around 20 million metric tonnes per year.

Factors driving mustard oil demand:

• Rising disposable incomes
• Health benefits
• Strong demand from both urban and rural regions
• Varied uses in applications pertaining to food and non-food
   

Mustard Oil Export from India: 2023-24

• According to mustard oil export data,  42,241 Indian exporters shipped 46k shipments of mustard oil to 5,851 buyers.
• The export of mustard oil from India is primarily done to Australia, the United Arab Emirates, and Canada.
• It is exported in three different grades: refined mustard oil, non-edible mustard oil Grade II, and Grade I (Kachchi Ghani).
• As per mustard oil export data, India exported 4,885,437 metric tonnes of mustard oil worth INR 15,370 crore in 2023–2024. This shows a 13% increase in quantity and a 35% increase in value when compared to 2022–2023.
• Mustard export from India is done in three varieties. B. nigra (black mustard), B. juncea (brown mustard), and C. hirta (white mustard). 

Now let us see what the popular Mustard Oil HSN codes are!

Trending Mustard Oil Hs Codes

The top three product categories for mustard oil export from India are listed below with their HS codes:

These are the main HS Code-based categories for mustard oil export from India. The HS code provides a unique identity in international trade that facilitates the classification of traded goods.

Let us talk about the top nations to which the export of mustard oil from India is done!

Also Read: Explore Sunflower oil exports from India and top exporters in 2024

Which Nations Purchase Indian Mustard Oil?

The top markets for mustard oil export from India are listed below. This list shows the amount of export data broken down by nation.

According to this mustard oil export data, Australia was the leading importer of mustard oil from India, with an export volume of more than 134,000 metric tonnes in 2023.

The aforementioned nations are in high demand for Indian mustard oil and are integral to mustard export from India. 

Let's explore the top mustard oil importing countries worldwide!

Top Mustard Oil Importing Countries

With import values for 2023–24, the following is a list of the top nations that import mustard oil:

These are the crucial markets to expand mustard oil export from India. These are the key mustard oil importers in 2023; based on mustard oil export data, Germany and the Netherlands are the next two largest importers of mustard oil, after the United States. 

To increase their share of the Indian mustard oil export market, India must focus on these markets. Additionally, visit Eximpedia.app if you are searching for up-to-date information on mustard oil exporters, mustard oil export from India, mustard oil HSN codes, and more.

Let us now examine the leading nations that export mustard oil!

Top Mustard Oil Exporting Countries

The largest exporter of mustard oil globally, measured by export values from 2023-2024, are listed below:

Thus, these are the leading exporters of mustard oil. According to mustard oil export data, the Netherlands was the largest exporter of mustard oil, with USD 617.7 million. The market for mustard oil exports is dominated by the aforementioned nations. India's high domestic consumption of mustard oil prevented it from overtaking other countries as the leading exporter. 

However, get in touch with Eximpedia.app to easily explore global import and export data if you are searching for data on export of mustard oil from India, mustard oil HSN codes, or a list of mustard oil exporters.

Also read:- How to Successfully Import Crude Oil in India

Top Mustard Oil Exporter in India

Here is a list of a few of the largest exporter of mustard oil: 

• 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

Based on available data, 2,241 active mustard oil exporters do mustard oil export from India. These are the biggest and most impressive exporters of mustard oil. Mustard oil export data is needed to obtain a complete list. Visit Eximpedia.app for additional information or to learn more about the export business module. Our dashboard is designed to be extremely user-friendly and time-efficient.

How to Locate Suitable Buyers of Mustard Oil?

With the help of our data-driven dashboard for the Eximpedia.app which offers all product details appropriately, exporters can locate legitimate buyers for mustard oil export from India. 

The real-time information database that Eximpedia.app has assembled from dependable sources is well-known. Mustard oil export data will put you in contact with buyers and sellers of mustard oil around the globe. 

The last remarks!

Owing to its many health advantages and capacity to enhance the flavor of food, mustard oil is in high demand and is rising quickly. Before engaging in any trade involving mustard oil export from India, traders must conduct adequate market research. Finding trustworthy suppliers and buyers, mustard oil HSN codes, nearby rivals, and other items that support in-depth market knowledge can all be aided by mustard oil export data. Visit Eximpedia.app, the leading provider of import-export data, and register to receive a complimentary demo.

FAQ on Mustard Oil Export from India

Which Company Exports Mustard Oil from India?

Ramesh Edible Oil, Kisan India Plus, Suyash ayurveda, Patanjali Mustard Oil, and P Mark Mustard Oil are the top companies that export mustard oil from India. 

Which Country Has the Highest Demand for Mustard Oil?

As per the mustard oil export data of 2023-24, the United States imported mustard oil worth $4.9 billion, making it the biggest importer of mustard oil. 

Which Country Is the Largest Exporter of Mustard Oil?

In 2023-24,  the Netherlands was the largest exporter of mustard oil, with USD 617.7 million.

Which Country Imports Mustard Oil from India?

The prime destinations for mustard oil export from India include Australia, the United Arab Emirates, the United States, Nepal, the Netherlands, and Canada. 

Who Is the Largest Producer of Mustard Oil in India?

Rajasthan is the largest producer of mustard oil in India, accounting for 44.97% of all mustard grown in India.