Oilseeds have been consistently gaining importance in the recent yeas not only India but also in the world market owing to growing demand and trade. Apart from the consumption, vegetable oils are increasingly viewed as an alternative source of energy and are approved for blending in fuel oils. The countries in the European Union have already started converting vegetable oils into bio-fuels and their demand is estimated to reach about 10 million tonnes in the next five years. Consequently, the demand for oilseeds and oils is expected to accelerate in the near future.

 

English name
Major Season
Major cultivating states

Soyabean

Kharif

MP, Maharashtra, and Rajasthan

Groundnut

Both

Gujarat, Andhra Pradesh and Tamil Nadu

Rapeseed & Mustard

Rabi

Rajasthan, Haryana and UP

Sunflower

Both

Karnataka, AP and Maharshtra

International scenario

Production: Oilseeds and edible oils production has been increasing at an annual average growth rate of 4.7 per cent during the past five years. According to the recent estimates of the Oilworld, production in 2004-05 is expected to reach about 365 million tonnes although the USDA estimates are considerably higher at 380 million tones. Of all the oilseeds, soyabean occupies the first place accounting for more than 50 per cent of total oilseeds production followed by mustard, groundnut and cottonseed contributing 11 per cent each.

Table 1: World demand and supply of oilseeds
(million tonnes)

 

Open stocks

Production

Total supply

Consumption

Trade

End stocks

2001-02

48.4

315.7

364.1

314.3

62.8

49.8

2002-03

49.8

322.1

371.9

318.3

70.3

53.6

2003-04

53.6

323.3

376.9

328.8

66.6

48.1

2004-05

48.1

365.6

413.7

349.7

72.7

64.0

Growth

 

4.7

4.2

3.7

2.5

 

                 Source: Oil world

       Production of soybean has recorded a 16.1 per cent in 2004-05 to 221 million tones from 183.9 million tones in the previous year. Production of cottonseed and rapeseed has also registered an impressive growth of 26.3 per cent and 15.8 per cent, respectively, during 2004-05 over that in the previous year. However, of all the oilseeds, only sunflower seed has shown a decline in production during the current year.

Table 2: Crop-wise production of oilseeds

(million tonnes)

 

2001-02

2002-03

2003-04

2004-05

Growth in 2004-05

Share in Total

Soybean

185.12

197.12

188.81

219.23

16.1

57.3

Cottonseed

36.61

32.87

35.73

45.12

26.3

11.8

Rapeseed

36.03

32.45

39.33

45.55

15.8

11.9

Groundnuts

33.81

30.54

32.49

33.44

2.9

8.7

Sunflower seed

21.37

23.95

26.49

25.23

-4.8

6.6

Palm kernel

7.2

7.64

8.2

8.74

6.6

2.3

Copra

5.21

5.11

5.34

5.49

2.8

1.4

                                                  Source: USDA

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