Dr. B. V. Mehta

Dr. B. V. Mehta

Executive Director of The Solvent Extractors’ Association of India.

The Solvent Extractors’ Association of India was formed in 1963 to help and foster the development and growth of Solvent Extraction Industry in India. At present the Association is having 875 members including about 350 working solvent extraction plants having combined oilcake/oilseed processing annual capacity of about 30 million tonnes.

The Association is an all India body to solvent extractions industry and premier vegetable oil Association in the country having wide representative membership consisting of processors of Rice bran, Oilcakes, Minor Oilseeds and Soybean.

Import of vegetable oils in India during January 2024 is reported at 1,200,835 tons compared to 1,661,750 tons in January 2023
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The overall export of oilmeals during April to Nov., 2023 reported at 2,883,921 tons compared to 2,382,690 tons i.e. up by 21%.
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Import of Vegetable Oils during November 2023, first month of the Oil Year 2023-24, is reported record import of 1,160,590 tons compared 1,030,204 tons in October 2023 i.e. up by 13% and 1,545,540 tons during Nov.’22.
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The Export of Oilmeals for the month of Sept., 2023 is provisionally reported at 330,568 tons compared to 240,669 tons in Sept., 2022 i.e. up by 37%.  The overall export of oilmeals during April to Sept., 2023 reported at 2,276,121 tons compared to 1,762,343 tons i.e. up by 29%.
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The Import of Vegetable Oils (edible & non-edible) for the month of September, 2023 reported at 1,552,026 tons compared to 1,637,239 tons in September 2022, consisting 1,494,086 tons of edible oils and 57,940 tons of non-edible oils i.e. down by 5%.
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The Import of Vegetable Oils (edible & non-edible) for the month of August, 2023 reported at 1,866,123 tons compared to 1,401,233 tons in August 2022, consisting 1,852,115 tons of edible oils and 14,008 tons of non-edible oils i.e. up by 33%.
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The Import of Vegetable Oils (edible & non-edible) for the month of July, 2023 reported at 1,771,833 tons compared to 1,214,353 tons in July 2022, consisting 1,755,834 tons of edible oils and 15,999 tons of non-edible oils i.e. up by 46%.
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The Import of Vegetable Oils (edible & non-edible) for the month of June, 2023 reported at 1,314,476 tons compared to 991,650 tons in June 2022, consisting 1,311,576 tons of edible oils and 2,900 tons of non-edible oils i.e. up by 49%.
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The Solvent Extractors’ Association of India has compiled the export data for export of oilmeals for the month of May, 2023 provisionally reported at 436,596 tons compared to 254,062 tons in May 2022 i.e. up by 72%.
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Onset of monsoon in Kerala delayed by a week leading to delay in sowing and yet together momentum in most of the states. IMD has forecasted near normal monsoon, however El Nino is not ruled out completely and may spoil the chances of normal monsoon, which may impact domestic availability of vegetable oils in next oil year 2023-24.
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