Browse Data and Analysis

FAS New Delhi expects India’s ethanol production for 2024 to reach 6.35 billion liters (BL), less than a 1 percent change down from last year due to projected decline in sugarcane production and depleting rice grain storage.

India’s annual import of logs, lumber, and wood products has increased from $630 million to $2.3 billion over the past two decades, with U.S. market share reaching a record high $84 million in 2023.

On April 15, 2024, the Indian Metrological Department (IMD) predicted above normal 2024 monsoon rains. FAS New Delhi (Post) market year (MY) 2024/2025 (April-March) wheat production is forecast at a record 114 million metric tons (MMT), same as the U.S. Department of Agriculture (USDA) official forecast, on higher than initially expected yields in the northern Indian states due to favorable weather through the harvest.

On February 12, 2022, India’s Ministry of Finance notified that it is removing the 10 percent Agriculture Infrastructure Development Cess/tax (AIDC) on imports of lentils (HS 0713 40 00) with effect from February 13, 2022, through September 30, 2022.

From October 28-December 31, 2021, FAS New Delhi (Post) organized an 8-week, “Taste of America Food Festival” with Indian retailer, Nature’s Basket. The promotion focused on gourmet U.S. food and beverage products in 36 Nature’s Basket stores throughout India.

Since January 2021, the Indian government has agreed, in principle, to install or upgrade nearly 200 grain-based ethanol production facilities. Cumulatively, these projects would potentially contribute an additional 8.59 billion liters in ethanol capacity per year, supporting India’s blending mandates while simultaneously diversifying its biofuel feedstocks.

FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 27.4 million 480 lb. bales on an area of 12.1 million hectares. Farmers continue to limit market arrivals due to rising seed cotton prices, increasing input costs for textile value chains.