Kerala likely to be hit as India’s palm oil imports reach 27-month low
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Photo By Agrihunt
Kochi: In May 2023, India experienced a significant decline in palm oil imports, reaching a 27-month low. If this trend continues, it may have adverse consequences for Kerala.
Kerala has been leading in the consumption of palm oil across the country. Data reveals that the monthly usage of palm oil in the state reaches 20,000 tons, accounting for approximately half of the state’s overall oil consumption, including various types of oils.
Food production centres and hotels in the state rely more on palm oil. As a result, the decline in imports may affect both the retailers and those in the food business.
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