U.S. - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingUnited States' Rapeseed Oil Market Poised for Steady Value Growth With 1.8% CAGR Through 2035
IndexBox has just published a new report: U.S. - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights.
The US rapeseed oil market is characterized by strong consumption growth, reaching 4.2 million tons in 2024, a 78% increase since 2018. This demand is overwhelmingly met by imports, primarily from Canada, which supplied 3.4 million tons (99% share) in 2024. Domestic production is relatively stable at around 823K tons. The market is forecast to grow slowly in volume to 4.4M tons by 2035 (CAGR +0.3%) but more robustly in value to $6.1B (CAGR +1.8%). A significant price divergence exists, with average import prices falling to $1,241/ton in 2024, while export prices held steady at a higher $1,752/ton.
Key Findings
- US rapeseed oil consumption hit 4.2M tons in 2024, up 78% since 2018, driven by imports
- Market forecast to 2035 projects modest volume growth (+0.3% CAGR) but stronger value growth (+1.8% CAGR) to $6.1B
- Canada dominates US supply, providing 99% of imports (3.4M tons) in 2024
- Significant price gap: average import price fell to $1,241/ton while export price remained high at $1,752/ton
- US exports fell sharply by 35% to 54K tons, with Canada, Mexico, and Chile as top destinations
Market Forecast
Driven by increasing demand for rapeseed oil in the United States, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.3% for the period from 2024 to 2035, which is projected to bring the market volume to 4.4M tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.8% for the period from 2024 to 2035, which is projected to bring the market value to $6.1B (in nominal wholesale prices) by the end of 2035.
Consumption
United States's Consumption of Rapeseed Oil
In 2024, the amount of rapeseed oil consumed in the United States amounted to 4.2M tons, increasing by 12% against the previous year's figure. In general, the total consumption indicated buoyant growth from 2013 to 2024: its volume increased at an average annual rate of +7.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +78.2% against 2018 indices. Over the period under review, consumption reached the peak volume in 2024 and is expected to retain growth in the near future.
The revenue of the rapeseed oil market in the United States declined slightly to $5B in 2024, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a buoyant expansion. Rapeseed oil consumption peaked at $5B in 2023, and then dropped slightly in the following year.
Production
United States's Production of Rapeseed Oil
After two years of growth, production of rapeseed oil decreased by -2.3% to 823K tons in 2024. The total output volume increased at an average annual rate of +1.4% over the period from 2013 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by 35%. As a result, production attained the peak volume of 951K tons. From 2017 to 2024, production growth remained at a somewhat lower figure.
In value terms, rapeseed oil production reduced modestly to $1.4B in 2024. Over the period under review, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2022 when the production volume increased by 54%. Over the period under review, production reached the maximum level at $1.5B in 2023, and then fell slightly in the following year.
Imports
United States's Imports of Rapeseed Oil
For the fourth consecutive year, the United States recorded growth in overseas purchases of rapeseed oil, which increased by 14% to 3.4M tons in 2024. In general, imports posted a strong expansion. The growth pace was the most rapid in 2023 when imports increased by 40%. Imports peaked in 2024 and are likely to continue growth in the near future.
In value terms, rapeseed oil imports fell to $4.3B in 2024. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. Imports peaked at $4.9B in 2023, and then fell in the following year.
Imports By Country
In 2024, Canada (3.4M tons) was the main rapeseed oil supplier to the United States, with a approx. 99% share of total imports.
From 2013 to 2024, the average annual rate of growth in terms of volume from Canada totaled +9.5%.
In value terms, Canada ($4.2B) constituted the largest supplier of rapeseed oil to the United States.
From 2013 to 2024, the average annual rate of growth in terms of value from Canada stood at +9.5%.
Imports By Type
Vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (2M tons), vegetable oils; low erucic acid rape or colza oil and its fractions, crude (1.4M tons) and vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude (52K tons) were the main products of rapeseed oil imports to the United States, together accounting for 100% of total imports.
From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by vegetable oils; low erucic acid rape or colza oil and its fractions, crude (with a CAGR of +14.5%), while imports for the other products experienced more modest paces of growth.
In value terms, rapeseed oil with the largest imports in the United States were vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($2.7B), vegetable oils; low erucic acid rape or colza oil and its fractions, crude ($1.5B) and vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude ($69M), together comprising 100% of total imports.
In terms of the main product categories, vegetable oils; low erucic acid rape or colza oil and its fractions, crude, with a CAGR of +13.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2024, the average rapeseed oil import price amounted to $1,241 per ton, falling by -23.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 65%. The import price peaked at $1,895 per ton in 2022; however, from 2023 to 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplied products. In 2024, the product with the highest price was vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($1,748 per ton), while the price for vegetable oils; low erucic acid rape or colza oil and its fractions, crude ($1,091 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (+0.5%), while the prices for the other products experienced a decline.
Import Prices By Country
In 2024, the average rapeseed oil import price amounted to $1,241 per ton, declining by -23.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 65%. Over the period under review, average import prices reached the peak figure at $1,895 per ton in 2022; however, from 2023 to 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2013 to 2024, the rate of growth in terms of prices for Canada amounted to +0.0% per year.
Exports
United States's Exports of Rapeseed Oil
In 2024, shipments abroad of rapeseed oil decreased by -35.1% to 54K tons, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of 161K tons. From 2022 to 2024, the growth of the exports failed to regain momentum.
In value terms, rapeseed oil exports declined sharply to $94M in 2024. In general, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, the exports reached the peak of $188M. From 2022 to 2024, the growth of the exports remained at a lower figure.
Exports By Country
Canada (16K tons), Mexico (15K tons) and Chile (8.9K tons) were the main destinations of rapeseed oil exports from the United States, together comprising 74% of total exports.
From 2013 to 2024, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +83.1%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for rapeseed oil exported from the United States were Canada ($30M), Mexico ($23M) and Chile ($12M), together accounting for 69% of total exports.
Among the main countries of destination, Chile, with a CAGR of +75.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports By Type
Vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (32K tons) was the largest type of rapeseed oil exported from the United States, with a 59% share of total exports. Moreover, vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified exceeded the volume of the second product type, vegetable oils; low erucic acid rape or colza oil and its fractions, crude (13K tons), twofold. Vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (8.3K tons) ranked third in terms of total exports with a 15% share.
From 2013 to 2024, the average annual rate of growth in terms of the volume of vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified exports stood at -6.3%. With regard to the other exported products, the following average annual rates of growth were recorded: vegetable oils; low erucic acid rape or colza oil and its fractions, crude (-13.8% per year) and vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (+7.5% per year).
In value terms, vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($64M) remains the largest type of rapeseed oil exported from the United States, comprising 68% of total exports. The second position in the ranking was taken by vegetable oils; low erucic acid rape or colza oil and its fractions, crude ($19M), with a 20% share of total exports. It was followed by vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified, with an 11% share.
From 2013 to 2024, the average annual rate of growth in terms of the value of vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified exports was relatively modest. With regard to the other exported products, the following average annual rates of growth were recorded: vegetable oils; low erucic acid rape or colza oil and its fractions, crude (-12.4% per year) and vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (+6.0% per year).
Export Prices By Type
The average rapeseed oil export price stood at $1,752 per ton in 2024, remaining constant against the previous year. Overall, the export price, however, enjoyed a measured increase. The pace of growth appeared the most rapid in 2022 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs at $1,752 per ton in 2023, and then contracted slightly in the following year.
Prices varied noticeably by the product type; the product with the highest price was vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($2,010 per ton), while the average price for exports of vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude ($789 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for the following types: vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (+7.2%), while the prices for the other products experienced mixed trend patterns.
Export Prices By Country
The average rapeseed oil export price stood at $1,752 per ton in 2024, almost unchanged from the previous year. Overall, the export price, however, showed noticeable growth. The pace of growth was the most pronounced in 2022 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,752 per ton in 2023, and then contracted modestly in the following year.
There were significant differences in the average prices for the major export markets. In 2024, amid the top suppliers, the country with the highest price was Costa Rica ($3,094 per ton), while the average price for exports to Brazil ($1,283 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides a comprehensive view of the rapeseed oil industry in the United States, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the rapeseed oil landscape in the United States.
Quick navigation
- Key findings
- Report scope
- Product coverage
- Country coverage
- Methodology
- Forecasts to 2035
- Price analysis
- Market participants
- Country profiles
- How to use this report
- FAQ
Key findings
- Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.
- Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
- Supply depends on input availability and production efficiency, creating a distinct national cost curve.
- Market concentration varies by segment, creating different competitive landscapes and entry barriers.
- The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.
Report scope
The report combines market sizing with trade intelligence and price analytics for the United States. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
- Market size and growth in value and volume terms
- Consumption structure by end-use segments
- Production capacity, output, and cost dynamics
- Trade flows, exporters, importers, and balances
- Price benchmarks, unit values, and margin signals
- Competitive context and market entry conditions
Product coverage
- FCL 271 - Oil of Rapeseed or Canola oil
Country coverage
- United States
Country profile and benchmarks
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for the United States. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
- International trade data (exports, imports, and mirror statistics)
- National production and consumption statistics
- Company-level information from financial filings and public releases
- Price series and unit value benchmarks
- Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links rapeseed oil demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in the United States.
- Historical baseline: 2012-2025
- Forecast horizon: 2026-2035
- Scenario-based sensitivity to income growth, substitution, and regulation
- Capacity and investment outlook for major producing companies
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
- Price benchmarks by country and sub-region
- Export and import unit value trends
- Seasonality and calendar effects in trade flows
- Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
- Business focus and production capabilities
- Geographic reach and distribution networks
- Cost structure and pricing strategy indicators
- Compliance, certification, and sustainability context
How to use this report
- Quantify domestic demand and identify the most attractive segments
- Evaluate export opportunities and prioritize target destinations
- Track price dynamics and protect margins
- Benchmark performance against leading competitors
- Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of rapeseed oil dynamics in the United States.
FAQ
What is included in the rapeseed oil market in the United States?
The market size aggregates consumption and trade data, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which benchmarks are included?
The report benchmarks market size, trade balance, prices, and per-capita indicators for the United States.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2025
- Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
- Per Capita Consumption: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms, By Country, 2012–2025
- Imports, In Value Terms, By Country, 2012–2025
- Import Prices, By Country, 2012–2025
- Exports, In Physical Terms, By Country, 2012–2025
- Exports, In Value Terms, By Country, 2012–2025
- Export Prices, By Country, 2012–2025
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Per Capita Consumption: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms, By Country, 2025
- Imports, In Physical Terms, By Country, 2012–2025
- Imports, In Value Terms, By Country, 2012–2025
- Import Prices, By Country, 2012–2025
- Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms, By Country, 2025
- Exports, In Physical Terms, By Country, 2012–2025
- Exports, In Value Terms, By Country, 2012–2025
- Export Prices, By Country, 2012–2025
Recommended posts
Free Data: Rapeseed Oil - United States
Instant access. No credit card needed.
