how many tonns of groundnut oil consumption in Karnataka per year
Answers
Answer:Groundnut (Arachis hypogaea L.) is an important oilseed crop in India which occupies
first position in terms of area and second position in terms of production. China is the largest
producer as well as consumer of groundnut in the world with 171.50 lakh tonnes in 2017-18
followed by India (91.79 lakh tonnes), United States (32.81 lakh tonnes), Nigeria (24.20 lakh
tonnes) and Sudan (16.41 lakh tonnes).
Export of groundnut oil is expected to double in 2019-20 owing to higher demand from
China due to crop failure in various growing belts. This is positive for 350 oil millers in the
Saurashtra region.
India witnessed a sudden spurt in the export of peanut oil, with exporters having booked
orders worth over 30,000 tons in Apr-Nov 2019. Last year, oil millers exported about 15,000
tons of peanut oil. At present peanut oil fetches $1,375 - $1,400 a ton in the world market. If this
demand sustains, oil price could touch $1,600 a ton.
Apart from rising oil export, India has challenges to fulfill the demand arising from
Vietnam, Indonesia and Malaysia who are loyal consumers of the Indian peanut.
As per APEDA report, India has exported total 189736 MT of groundnut with the value
of Rs. 1512 crore during April to October (2019-2020) which is lower by 23.70% against 248679
MT of groundnut with the value of Rs. 1644 crore during April to October (2018-2019).
Table 1: State wise area under groundnut in India
State 2018-19 2019-20
Area (lakh ha) % to total area Area (lakh ha) % to total area
Telangana 1.07 23.31 1.16 24.42
Karnataka 0.72 15.69 1.07 22.53
Tamilnadu 1.16 25.27 0.99 20.84
Andhra Pradesh 0.54 11.76 0.66 13.89
Odisha 0.84 18.30 0.70 14.74
Others 0.26 5.66 0.17 3.58
All India 4.59 100.00 4.75 100.00
Source: www.agricoop.com
According to the all India rabi crop coverage report, Government of India, as on 30th
January 2020, groundnut was sown in around 4.75 lakh hectares as compared to last year (4.59
lakh ha). Among the states, Telangana stood first in area coverage with 1.16 lakh ha followed by
Karnataka (1.07 lakh ha), Tamilnadu (0.99 lakh ha), Andhra Pradesh (0.66 lakh ha), and Odisha
(0.70 lakh ha).
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