This robust top-line growth was driven by volume expansion and strength in the edible oils and industry essentials segments.
Despite this progress, the output remains insufficient to meet the country’s burgeoning domestic demand for palm oil, underscoring a persistent supply-demand imbalance.
This decline in revenue reflects a broader slowdown in consumer demand and possibly increased competition in Egypt’s food processing sector.
This approach is expected to benefit soybean farmers, with an estimated payout of ₹800 (US$9.02) per quintal.
Telangana contributed 12,005 hectares to the increase in cultivation, while Andhra Pradesh added 13,286 hectares.