price mustard oil mill has a high oil rate in ethiopia

                                               
                                               
                                               
                                               
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  • What is the global mustard oil market size?
  • The global mustard oil market size was estimated at USD 14.39 billion in 2023 and is expected to grow at a CAGR of 4.9% from 2024 to 2030. The market demand and consumption of mustard oil are on the rise, driven by several key factors and emerging trends. One of the primary drivers is the growing focus on health and wellness.‌
  • What factors influence mustard oil prices in the Middle East & Africa?
  • The report explores the mustard oil pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices. In addition to region-wise data, information on mustard oil prices for countries can also be provided.‌
  • What is a mustard oil market report?
  • The report provides a detailed analysis of the mustard oil market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports.‌
  • Is volatility restraining the growth of the mustard oil market?
  • However, volatility in prices of raw materials used in manufacturing mustard oil is restraining the growth of this market. On the basis of type, black mustard oil accounted for a major share of the global mustard oil market in 2017. This can be attributed to its high demand as an edible cooking oil across regions.‌
  • What is the growth rate of mustard oil market in Europe?
  • The mustard oil market in Europe is expected to grow at a CAGR of 4.7% during the forecast period. The increasing South Asian population in Europe, particularly in the U.K., has led to a higher demand for traditional products, including mustard oil.‌
  • Why is the mustard oil market growing?
  • The growth in the market can be attributed to factors such as rising demand for cooking oils, increasing awareness about the benefits of mustard oil, and growing demand for aromatherapy oils. Additionally, the increasing use of mustard oil in pharmaceuticals and soaps industries is also contributing to the growth of this market.