Report Update: May 1, 2024

India - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Crude Rapeseed Oil Price in India - 2023

Crude Rapeseed Oil Price in India (CIF) - 2023

In July 2023, the average crude rapeseed oil import price amounted to $1,065 per ton, declining by -10.2% against the previous month. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 19% against the previous month. Over the period under review, average import prices attained the maximum at $2,326 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,226 per ton), while the price for the United Arab Emirates stood at $1,017 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Paraguay (+1.4%), while the prices for the other major suppliers experienced a decline.

Crude Rapeseed Oil Price in India (FOB) - 2023

In July 2023, the average crude rapeseed oil export price amounted to $1,964 per ton, waning by -11.5% against the previous month. Overall, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in February 2023 an increase of 7.3% m-o-m. Over the period under review, the average export prices hit record highs at $2,794 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,938 per ton), while the average price for exports to Hong Kong SAR ($1,683 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Crude Rapeseed Oil Imports in India

In 2022, supplies from abroad of crude rape, colza or mustard oil decreased by -96.8% to 1.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports reached the peak of 74K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, crude rapeseed oil imports contracted rapidly to $3.6M in 2022. In general, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 when imports increased by 109%.

Import of Crude Rapeseed Oil in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	4.1	4.0	14.0	2.9	-10.9%
Paraguay	N/A	N/A	N/A	0.6	0%
Russia	N/A	14.4	N/A	N/A	0%
Belgium	N/A	17.7	N/A	N/A	0%
Bangladesh	7.4	14.2	0.9	N/A	-65.1%
Canada	18.8	14.0	N/A	N/A	-25.5%
Ukraine	0.3	N/A	60.9	N/A	1324.8%
Others	0.1	0.1	N/A	N/A	0.0%
Total	30.8	64.4	75.8	3.6	-51.1%

Top Suppliers of Crude Rapeseed Oil to India in 2022:

United Arab Emirates (1464.5 tons)
Paraguay (270.0 tons)
Bangladesh (7.0 tons)

Crude Rapeseed Oil Exports in India

For the fourth year in a row, India recorded growth in overseas shipments of crude rape, colza or mustard oil, which increased by 480% to 4.4K tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, crude rapeseed oil exports skyrocketed to $12M in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Crude Rapeseed Oil in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1.8	9.1	285	3,515	1149.9%
Canada	10.2	10.6	97.9	1,977	478.7%
United Arab Emirates	107	442	944	1,764	154.5%
Australia	0.9	17.1	129	1,247	1014.8%
Bhutan	N/A	3.9	101	483	1012.9%
Qatar	N/A	9.1	4.2	426	584.2%
Bahrain	N/A	0.2	6.1	286	3681.5%
United Kingdom	N/A	0.2	59.0	254	3463.7%
Saudi Arabia	N/A	N/A	43.5	229	426.4%
Oman	4.1	10.6	12.0	201	266.0%
Sri Lanka	5.0	4.9	55.5	161	218.1%
Others	16.8	28.7	256	1,542	351.1%
Total	146	537	1,993	12,084	335.8%

Top Export Markets for Crude Rapeseed Oil from India in 2022:

United States (1157.1 tons)
Canada (690.8 tons)
United Arab Emirates (662.5 tons)
Australia (470.8 tons)
Bhutan (198.9 tons)
Qatar (163.7 tons)
Bahrain (101.6 tons)
United Kingdom (93.7 tons)
Saudi Arabia (80.3 tons)
Oman (69.2 tons)
Sri Lanka (66.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude rapeseed oil market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 271 - Oil of Rapeseed or Canola oil

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023