U.S. - Crude Rape, Colza Or Mustard 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 PricingCrude Rapeseed Oil Price in the United States - 2023
Contents:
- Crude Rapeseed Oil Price in the United States (CIF) - 2023
- Crude Rapeseed Oil Price in the United States (FOB) - 2023
- Crude Rapeseed Oil Imports in the United States
- Crude Rapeseed Oil Exports in the United States
Crude Rapeseed Oil Price in the United States (CIF) - 2023
The average crude rapeseed oil import price stood at $1,543 per ton in September 2023, with an increase of 4.4% against the previous month. In general, the import price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 13% against the previous month. The import price peaked at $1,749 per ton in September 2022; however, from October 2022 to September 2023, 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 September 2022 to September 2023, the rate of growth in terms of prices for Canada amounted to -1.0% per month.
Crude Rapeseed Oil Price in the United States (FOB) - 2023
In September 2023, the average crude rapeseed oil export price amounted to $1,567 per ton, surging by 4.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 29% m-o-m. The export price peaked at $1,941 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Chile ($2,550 per ton), while the average price for exports to South Korea ($529 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Crude Rapeseed Oil Imports in the United States
Crude rapeseed oil imports into the United States skyrocketed to 565K tons in 2022, picking up by 42% against the previous year's figure. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, crude rapeseed oil imports surged to $934M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 212% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Crude Rapeseed Oil in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 229 | 181 | 565 | 905 | 58.1% |
| Others | 2.2 | 1.7 | 3.5 | 28.7 | 135.4% |
| Total | 231 | 183 | 569 | 934 | 59.3% |
Top Suppliers of Crude Rapeseed Oil to the United States in 2022:
- Canada (550.1K tons)
Crude Rapeseed Oil Exports in the United States
In 2022, the amount of crude rape, colza or mustard oil exported from the United States reduced rapidly to 32K tons, which is down by -56.2% compared with the year before. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 78%. As a result, the exports reached the peak of 73K tons, and then reduced remarkably in the following year.
In value terms, crude rapeseed oil exports dropped rapidly to $42M in 2022. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 166%. As a result, the exports attained the peak of $86M, and then dropped dramatically in the following year.
| Export of Crude Rapeseed Oil in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 4.2 | 10.1 | 35.0 | 24.4 | 79.8% |
| Colombia | 17.0 | 13.1 | 24.9 | 6.2 | -28.6% |
| Chile | 0.2 | 1.4 | 11.8 | 5.3 | 198.1% |
| Canada | 1.7 | 3.5 | 2.8 | 3.9 | 31.9% |
| Dominican Republic | 3.6 | 0.4 | 5.9 | 1.8 | -20.6% |
| South Korea | 0.2 | 0.2 | 4.7 | 0.2 | 0.0% |
| Netherlands | 3.0 | 1.9 | 0.3 | 0.1 | -67.8% |
| Others | 1.6 | 1.6 | 0.5 | 0.6 | -27.9% |
| Total | 31.6 | 32.2 | 85.8 | 42.4 | 10.3% |
Top Export Markets for Crude Rapeseed Oil from the United States in 2022:
- Mexico (16.7K tons)
- Canada (5.0K tons)
- Chile (5.0K tons)
- Colombia (3.2K tons)
- Dominican Republic (1.0K tons)
- South Korea (0.4K tons)
- Netherlands (0.1K tons)
This report provides an in-depth analysis of the crude rapeseed oil market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- 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 Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
385
This report provides an in-depth analysis of the crude rapeseed oil market in the U.S..
763
This report provides an in-depth analysis of the rapeseed oil market in the U.S..
354
This report provides an in-depth analysis of the refined rapeseed oil market in the U.S..
904
This report provides an in-depth analysis of the market for dry and evaporated dairy product in the U.S..
543
This report provides an in-depth analysis of the global crude rapeseed oil market.
3428
This report provides an in-depth analysis of the global rapeseed oil market.
480
This report provides an in-depth analysis of the global refined rapeseed oil market.
385
This report provides an in-depth analysis of the crude rapeseed oil market in the U.S..
763
This report provides an in-depth analysis of the rapeseed oil market in the U.S..
354
This report provides an in-depth analysis of the refined rapeseed oil market in the U.S..
310
Imports of Crude Rapeseed Oil reached a value of $147 million in May 2023.
401
In July 2022, the rapeseed oil price per ton stood at $2,046, with an increase of 1.8% against the previous month.
324
Refined Rapeseed Oil prices dropped -1.6% in March 2023, to $1,809 per ton CIF, US
733
The revenue of the market of dry, condensed, and evaporated dairy products in the U.S. amounted to $20.2B in 2018, levelin...
1181
The U.S. takes an X% share (based on USD) of global dry, condensed, and evaporated dairy product exports, which put it in second place, following New Zealand.
33
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
4556
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3031
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
2851
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
2527
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
