World - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

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

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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.


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

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 ton
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 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

COUNTRY201920202021CAGR,
2019-2021
USD per ton
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 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.

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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

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. 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. 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. 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. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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