Report Update: Dec 1, 2023

World - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Rapeseed Oil Market

Name: Rapeseed Oil Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Rapeseed oil market, IndexBox, market research, global market, publisher

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.

Get FREE access to the latest data and statistics on the Rapeseed Oil Market.

Rapeseed Oil - World's Largest Markets

Rating	Country
1	India
2	China
3	United States
4	Japan
5	Germany

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

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
United Arab Emirates	815	846	833	1.1%
Australia	957	1004	985	1.5%
United States	931	928	1160	11.6%
Russia	774	854	1188	23.9%
Netherlands	911	974	1193	14.4%
Belgium	955	949	1231	13.5%
Belarus	753	748	1247	28.7%
Denmark	888	944	1274	19.8%
Czech Republic	867	924	1275	21.3%
Germany	899	953	1288	19.7%
Canada	812	824	1332	28.1%
France	920	940	1353	21.3%
United Kingdom	942	948	1424	23.0%
Average	856	891	1266	21.6%

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 ton), while the United Arab Emirates ($833 per ton) 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

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
United States	878	893	1451	28.6%
Germany	1019	1065	1404	17.4%
Poland	888	928	1384	24.8%
Sweden	919	995	1354	21.4%
Belgium	852	954	1342	25.5%
Netherlands	851	907	1314	24.3%
France	1041	1173	1272	10.5%
Austria	887	949	1263	19.3%
Russia	1226	840	1152	-3.1%
Spain	876	732	1085	11.3%
Norway	866	924	898	1.8%
China	821	845	834	0.8%
South Korea	793	825	808	0.9%
Average	873	909	1212	17.8%

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

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
United States	1.6	1.6	2.9	33.4%
China	1.3	1.6	1.5	4.7%
Netherlands	0.6	0.9	1.4	49.7%
Belgium	0.2	0.4	0.8	82.1%
Norway	0.4	0.5	0.5	5.6%

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

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Canada	2.6	2.8	4.2	27.6%
Germany	0.8	1	1.6	44.0%
Russia	0.5	0.6	1	37.8%
France	0.2	0.4	0.7	88.2%
Netherlands	0.3	0.3	0.6	53.5%

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

Source: IndexBox Market Intelligence Platform

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• 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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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. CONSUMPTION BY COUNTRY
3. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022