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Rapeseed Oil Market

Rapeseed oil market: enjoy new statistics enhanced by an Ai-driven market research tool. Data include production, companies, imports, consumption, market prices, exports, trade, and market size. There is a breakdown by country, including Russia, Africa, China, the Middle East, the U.S., Latin America, the U.K., and EU. Market trends and forecast to 2030 are also featured in the snapshots.


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Rapeseed Oil - World's Largest Markets

RatingCountry
1India
2China
3United States
4Japan
5Germany

In value terms, the largest rapeseed oil markets worldwide were India, China and the United States, with a combined 47% share of the global market. These countries were followed by Japan, Germany, Mexico, Canada, Poland, Belgium, the Netherlands, France, Norway and the UK, which together accounted for a further 35%.

The Netherlands saw the highest growth rate of market size, among the main consuming countries over the period under review, while rapeseed oil market for the other global leaders experienced more modest paces of growth.

Rapeseed Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
United Arab Emirates8158468331.1%
Australia95710049851.5%
United States931928116011.6%
Russia774854118823.9%
Netherlands911974119314.4%
Belgium955949123113.5%
Belarus753748124728.7%
Denmark888944127419.8%
Czech Republic867924127521.3%
Germany899953128819.7%
Canada812824133228.1%
France920940135321.3%
United Kingdom942948142423.0%
Average856891126621.6%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the UK ($1,424 per tonne), while the United Arab Emirates ($833 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Belarus, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
United States878893145128.6%
Germany10191065140417.4%
Poland888928138424.8%
Sweden919995135421.4%
Belgium852954134225.5%
Netherlands851907131424.3%
France10411173127210.5%
Austria887949126319.3%
Russia12268401152-3.1%
Spain876732108511.3%
Norway8669248981.8%
China8218458340.8%
South Korea7938258080.9%
Average873909121217.8%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($1,451 per tonne), while South Korea ($808 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Rapeseed Oil - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States1.61.62.933.4%
China1.31.61.54.7%
Netherlands0.60.91.449.7%
Belgium0.20.40.882.1%
Norway0.40.50.55.6%

In value terms, the largest rapeseed oil importing markets worldwide were the United States ($2.9B), China ($1.5B) and the Netherlands ($1.4B), with a combined 52% share of global imports. Belgium, Norway, Germany, Poland, Sweden, Austria, France, Russia, Spain and South Korea lagged somewhat behind, together comprising a further 30%.

Among the main importing countries, Russia (+1,658.1% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Rapeseed Oil - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Canada2.62.84.227.6%
Germany0.811.644.0%
Russia0.50.6137.8%
France0.20.40.788.2%
Netherlands0.30.30.653.5%

In value terms, Canada ($4.2B) remains the largest rapeseed oil supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Germany ($1.6B), with a 14% share of global exports. It was followed by Russia, with a 8.2% share.

From 2019 to 2021, the average annual rate of growth in terms of value in Canada stood at +27.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+44.0% per year) and Russia (+37.8% per year).

Rapeseed Oil - Market Forecast

Driven by increasing demand for rapeseed oil worldwide, 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 for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Rapeseed Oil - Product Coverage

  • HS 151411 - Vegetable oils; low erucic acid rape or colza oil and its fractions, crude
  • HS 151419 - Vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified
  • HS 151491 - Vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude
  • HS 151499 - Vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified
Store
Blog
Event
World - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
2029

This report provides an in-depth analysis of the global rapeseed oil market.

Africa - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
223

This report provides an in-depth analysis of the rapeseed oil market in Africa.

South-Eastern Asia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
220

This report provides an in-depth analysis of the rapeseed oil market in South-Eastern Asia.

Northern America - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
204

This report provides an in-depth analysis of the rapeseed oil market in Northern America.

Southern Asia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
201

This report provides an in-depth analysis of the rapeseed oil market in Southern Asia.

Latin America and the Caribbean - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
198

This report provides an in-depth analysis of the rapeseed oil market in Latin America and the Caribbean.

Central Asia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
198

This report provides an in-depth analysis of the rapeseed oil market in Central Asia.

Middle East - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
193

This report provides an in-depth analysis of the rapeseed oil market in the Middle East.

Australia and Oceania - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
184

This report provides an in-depth analysis of the rapeseed oil market in Australia and Oceania.

Eastern Asia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499
May 20, 2022
182

This report provides an in-depth analysis of the rapeseed oil market in Eastern Asia.

Category
Geography
European Rapeseed Oil Trade Intensifies with Rising Exports from Germany, France and Belgium
Sep 15, 2021
405
In 2020, European rapeseed oil exports soared to 3.1M tonnes, reaching $3B in value terms. Germany is the largest supplier in the EU, accounting for 35% of European export volume. Belgium and France follow Germany, comprising a combined 26%-share. Last year, these three key exporters ramped up the supplies abroad significantly. France became the fastest-growing exporter among European countries. The rapeseed oil export price in the EU jumped by +6.7% y-o-y to $970 per tonne in 2020.
Environmental Issues Affect The Rapidly Developing Pesticide Market
May 19, 2021
286
The global pesticide market is expanding steadily, but the use of modern pesticides that are safe for vertebrates, are now harming pollinating insects. As areas under cultivation continue to increase worldwide, thereby enhancing the potential further use of pesticides, the market may yet encounter environmental constraints in the future. 
The Solid Biofuel Market Grows Steadily Despite the Pandemic
May 13, 2021
1011
The solid biofuel market indicated steady growth. The pandemic generated financial and logistics issues for producers, but this failed to disrupt output, as a result of the consistent demand for long-term supply contracts. The production of wood pellets remains the fastest-developing segment on the solid biofuel market. 
Rapeseed Oil Market in Asia-Pacific Reached $19B, Boosted by Rising Demand in China and India
Feb 12, 2020
404
The revenue of the rapeseed oil market in Asia-Pacific amounted to $19.1B in 2018. In China, which remains the largest rapeseed oil consuming country in Asia-Pacific, the market expanded by an average of +4.3% from 2007-2018.
EU Rapeseed Oil Market Overcame $12B, Growing Robustly for The Third Consecutive Year
Aug 6, 2019
407
The revenue of the rapeseed oil market in the European Union amounted to $12.6B in 2018, jumping by 11% against the...
Which Country Consumes the Most Rapeseed Oil in the World?
Feb 9, 2018
3509
Global rapeseed oil consumption amounted to X thousand tonnes in 2015, moving up by +X% against the previous year level.
Which Country Exports the Most Rapeseed Oil in the World?
Feb 1, 2018
2372
Global rapeseed oil exports amounted to X thousand tonnes in 2015, remaining constant against the previous year level.
Which Country Imports the Most Rapeseed Oil in the World?
Jan 25, 2018
2049
Global rapeseed oil imports amounted to X thousand tonnes in 2015, leveling off at the previous year level.
Which Country Produces the Most Rapeseed Oil in the World?
Nov 9, 2017
1981
In 2015, the countries with the highest levels of production were China (X thousand tonnes), Germany (X thousand tonnes), Canada (X thousand tonnes), together accounting for X% of total output.
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