India’s total edible oil imports increased by 3.6% in August compared to the previous month, reaching around 1.6 million tons, the highest volume in over a year.
Akwa Ibom’s intervention is expected to narrow this supply gap while stimulating rural employment and economic growth in the Niger Delta region.
This upward revision is driven by improved yields across key oilseed crops, particularly soybeans, sunflower seeds, and groundnuts.
This momentum is fueling optimism across the agricultural value chain, from farmers and processors to retailers and feed manufacturers.
Bulk exports dominate Tunisia’s shipments, accounting for 88.1% of total volume, while packaged olive oil, typically commanding higher margins, represented just 11.9%.