As of December 2024, the retail price index of mustard oil in India was approximately 140. This meant, the RPI of mustard oil had decreased by 16 percent compared to December 2021. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

In fiscal year 2024, the average price of mustard in Chennai, India stood at about ** rupees per kilogram. Mustard seeds were used widely in the region, roasted until popped. Mustard oil was found largely in pickles, mainly of the mango variety. According to the source, prices were only indicative of trends, and obtained from local markets - in this case, Chennai in the southern state of Tamil Nadu. For the country, prices for spices vary depending on quality and origin.

Retail Price: DCA: Monthly Average: Mustard Oil: West Zone: Raisen data was reported at 130.130 INR/kg in Aug 2023. This records a decrease from the previous number of 130.350 INR/kg for Jul 2023. Retail Price: DCA: Monthly Average: Mustard Oil: West Zone: Raisen data is updated monthly, averaging 151.200 INR/kg from Dec 2022 (Median) to Aug 2023, with 9 observations. The data reached an all-time high of 165.750 INR/kg in Dec 2022 and a record low of 130.130 INR/kg in Aug 2023. Retail Price: DCA: Monthly Average: Mustard Oil: West Zone: Raisen data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Mustard Oil (Discontinued).

In Q3 2025, India, the Mustard Oil Price Index fell by 0.09% quarter-over-quarter, reflecting abundant post-rabi supply. Check detailed insights for Europe and North America.

Retail Price: DCA: Daily: Mustard Oil: Maharashtra data was reported at 184.440 INR/kg in 18 May 2025. This records a decrease from the previous number of 184.560 INR/kg for 16 May 2025. Retail Price: DCA: Daily: Mustard Oil: Maharashtra data is updated daily, averaging 126.750 INR/kg from Jan 2014 (Median) to 18 May 2025, with 3896 observations. The data reached an all-time high of 196.000 INR/kg in 14 May 2022 and a record low of 98.000 INR/kg in 08 May 2015. Retail Price: DCA: Daily: Mustard Oil: Maharashtra data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC057: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Daily: by States: Mustard Oil.

The Wholesale Price Index of edible oils across India during financial year 2024 was ***. An overall increase in the price index was seen over the years from financial year 2013 till 2022 in the country. Edible oils refers to vegetable and animal oils and fats.

The India mustard oil market size reached USD 1.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.2% during 2025-2033.

IMARC Group provides an analysis of the key trends in each sub-segment of the India mustard oil market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on packaging type, packaging material, pack size, application and distribution channel.

Retail Price: DCA: Month End: Mustard Oil: West Zone: Kankavli data was reported at 162.000 INR/kg in Sep 2023. This stayed constant from the previous number of 162.000 INR/kg for Aug 2023. Retail Price: DCA: Month End: Mustard Oil: West Zone: Kankavli data is updated monthly, averaging 185.000 INR/kg from Dec 2022 (Median) to Sep 2023, with 10 observations. The data reached an all-time high of 185.000 INR/kg in May 2023 and a record low of 162.000 INR/kg in Sep 2023. Retail Price: DCA: Month End: Mustard Oil: West Zone: Kankavli data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC125: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Cities: Mustard Oil (Discontinued).

Retail Price: DCA: Month End: Mustard Oil: East Zone: Kaimur data was reported at 127.000 INR/kg in Sep 2023. This records a decrease from the previous number of 135.000 INR/kg for Aug 2023. Retail Price: DCA: Month End: Mustard Oil: East Zone: Kaimur data is updated monthly, averaging 150.000 INR/kg from Sep 2022 (Median) to Sep 2023, with 10 observations. The data reached an all-time high of 170.000 INR/kg in Sep 2022 and a record low of 127.000 INR/kg in Sep 2023. Retail Price: DCA: Month End: Mustard Oil: East Zone: Kaimur data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC125: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Cities: Mustard Oil (Discontinued).

10 Global export shipment records of Mustard,oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

58 Global import shipment records of Mustard Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Wholesale Price: DCA: Month End: Mustard Oil: West Zone: Narsimhapur data was reported at 11,265.000 INR/Quintal in Sep 2023. This stayed constant from the previous number of 11,265.000 INR/Quintal for Aug 2023. Wholesale Price: DCA: Month End: Mustard Oil: West Zone: Narsimhapur data is updated monthly, averaging 14,455.000 INR/Quintal from Dec 2022 (Median) to Sep 2023, with 10 observations. The data reached an all-time high of 14,785.000 INR/Quintal in Dec 2022 and a record low of 11,265.000 INR/Quintal in Sep 2023. Wholesale Price: DCA: Month End: Mustard Oil: West Zone: Narsimhapur data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PD125: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Cities: Mustard Oil (Discontinued).

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Edible Oil Market Size 2025-2029

The edible oil market size is forecast to increase by USD 18.37 billion, at a CAGR of 3.4% between 2024 and 2029.

The market is driven by the surging demand for trans-fat-free oils due to growing health consciousness among consumers. This trend is fueled by increasing awareness regarding the harmful effects of trans fats on human health. Furthermore, advancements in agriculture technology have enabled the production of high-quality, healthy oils, providing opportunities for market growth. However, the market faces distribution challenges that hinder its expansion. The complex supply chain and logistical issues in transporting edible oils from production sites to consumers in various regions create hurdles for market participants.
Companies must navigate these challenges by implementing robust logistics strategies and collaborating with reliable partners to ensure the timely and efficient delivery of their products. By addressing these challenges and catering to the evolving consumer preferences, market players can capitalize on the growing demand for healthier edible oil options and strengthen their market position. Consumer preferences for healthier alternatives, such as olive oil, are driving demand for alternative oils

What will be the Size of the Edible Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by dynamic market forces and shifting consumer preferences. Unsaturated fats, such as monounsaturated and polyunsaturated fatty acids, have gained prominence in food processing due to their health benefits. Cold-pressed oils, like olive and avocado, with their desirable nutritional profiles and high omega-3 and omega-6 fatty acid content, have gained popularity in various sectors. The fatty acid profile of oils, including rapeseed, sunflower, safflower, and canola, influences their applications in food processing and dietary guidelines. Smoke point and peroxide value are crucial factors in determining the suitability of oils for cooking applications. Linseed oil, with its high polyunsaturated fat content and low smoke point, is often used in non-cooking applications.

Price volatility, driven by factors like supply chain disruptions and government regulations, impacts the market. Organic and unrefined oils, with their perceived health benefits and higher production costs, command premium prices. Oxidation stability and moisture content are essential considerations for maintaining the quality and shelf life of edible oils. Sustainability concerns, particularly in the palm oil sector, have led to increased scrutiny and regulations. Corn oil, peanut oil, and other vegetable oils are used extensively in salad dressings and food manufacturing. Labeling requirements and consumer preferences for trans-fat-free and low-saturated fat options continue to shape the market landscape. The market is a complex web of interconnected factors, from production methods like solvent extraction and expeller-pressed oil to consumer preferences and government regulations.

The ongoing unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptable in this ever-changing industry.

How is this Edible Oil Industry segmented?

The edible oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Retail
  Food service
  Food processor


Packaging

  Pouches
  Bottles
  Jars
  Cans


Type

  Palm oil
  Soybean oil
  Sunflower oil
  Mustard oil
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Retail segment is estimated to witness significant growth during the forecast period. The market encompasses various types of oils, including unsaturated ones like rapeseed, sunflower, safflower, olive, and avocado, which provide healthier alternatives to saturated fats. The futures market plays a significant role in price determination, influencing the supply chain. Trans fats, however, are a concern due to their adverse health effects, leading to increased focus on omega-6 and omega-3 fatty acids. Cholesterol content is a critical consideration, with olive, canola, and flaxseed oils offering heart-healthy benefits. Food processing techniques, such as cold-pressing, expeller-pressing, and solvent extraction, impact the oil's nutritional value, smoke point, and oxidation stability. Consumer preferences prioritize monounsatura

Wholesale Price: DCA: Month End: Mustard Oil: South Zone: Koppal data was reported at 16,000.000 INR/Quintal in Sep 2023. This stayed constant from the previous number of 16,000.000 INR/Quintal for Aug 2023. Wholesale Price: DCA: Month End: Mustard Oil: South Zone: Koppal data is updated monthly, averaging 16,000.000 INR/Quintal from Dec 2022 (Median) to Sep 2023, with 10 observations. The data reached an all-time high of 16,000.000 INR/Quintal in Sep 2023 and a record low of 16,000.000 INR/Quintal in Sep 2023. Wholesale Price: DCA: Month End: Mustard Oil: South Zone: Koppal data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PD: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Cities: Mustard Oil (Discontinued).

10 Global export shipment records of Mustard Oil And HSN Code 33019032 with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Retail Price: DCA: Month End: Mustard Oil: North-East Zone: Chumukedima data was reported at 125.000 INR/kg in Sep 2023. This records a decrease from the previous number of 130.000 INR/kg for Aug 2023. Retail Price: DCA: Month End: Mustard Oil: North-East Zone: Chumukedima data is updated monthly, averaging 142.500 INR/kg from Oct 2022 (Median) to Sep 2023, with 10 observations. The data reached an all-time high of 155.000 INR/kg in Feb 2023 and a record low of 115.000 INR/kg in Jun 2023. Retail Price: DCA: Month End: Mustard Oil: North-East Zone: Chumukedima data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC125: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Cities: Mustard Oil (Discontinued).

Retail Price: DCA: Daily: Mustard Oil: Odisha data was reported at 176.850 INR/kg in 16 May 2025. This records an increase from the previous number of 176.040 INR/kg for 15 May 2025. Retail Price: DCA: Daily: Mustard Oil: Odisha data is updated daily, averaging 116.570 INR/kg from Jan 2014 (Median) to 16 May 2025, with 3881 observations. The data reached an all-time high of 221.000 INR/kg in 18 Mar 2022 and a record low of 91.500 INR/kg in 10 Apr 2015. Retail Price: DCA: Daily: Mustard Oil: Odisha data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC057: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Daily: by States: Mustard Oil.

Wholesale Price: DCA: Monthly Average: Mustard Oil: East Zone: Madhepura data was reported at 11,800.000 INR/Quintal in Jun 2023. This records a decrease from the previous number of 12,503.230 INR/Quintal for May 2023. Wholesale Price: DCA: Monthly Average: Mustard Oil: East Zone: Madhepura data is updated monthly, averaging 15,932.260 INR/Quintal from Sep 2022 (Median) to Jun 2023, with 10 observations. The data reached an all-time high of 16,233.330 INR/Quintal in Nov 2022 and a record low of 11,800.000 INR/Quintal in Jun 2023. Wholesale Price: DCA: Monthly Average: Mustard Oil: East Zone: Madhepura data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PD: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Mustard Oil (Discontinued).

In the marketing year 2025, ******** was the most used cooking oil in India, with its domestic consumption surpassing ************* metric tons. It was followed by soybean and rapeseed oils, with their respective consumption volumes reaching *** and *** million metric tons. Production of edible oils India produces a wide range of edible oils like palm, soybean, mustard, sunflower, and groundnut, that match its diverse food cultures and agricultural practices. Mustard oil is popular in the northern and eastern regions, while the southern part of India prefers coconut oil. Additionally, the country is also seeing an increase in soybean oil production, catering to both domestic needs and increasing demand from the international market. Import of edible oils India's reliance on imported edible oils is a crucial aspect of its food economy, driven by the gap between domestic production and consumption demands. The country is one of the largest importers of edible oils globally, importing over ** million metric tons, with palm and soybean oils constituting the bulk of imports. Indonesia and Malaysia emerged as the top exporters of edible oil to India in the financial year 2023. The country also plans to continue importing edible oils at lower duty rates until 2025, to keep the food inflation in check.

In 2024, the Hungarian mustard seed market decreased by -52.1% to $4.6M for the first time since 2021, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate strong growth. Over the period under review, the market reached the peak level at $10M in 2020; however, from 2021 to 2024, consumption remained at a lower figure.