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

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

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Rapeseed Oil Price in Brazil - 2023

Contents:

  1. Rapeseed Oil Price in Brazil (CIF) - 2022
  2. Rapeseed Oil Price in Brazil (FOB) - 2022
  3. Rapeseed Oil Imports in Brazil
  4. Rapeseed Oil Exports in Brazil

Rapeseed Oil Price in Brazil (CIF) - 2022

In 2022, the average rapeseed oil import price amounted to $1,865 per ton, picking up by 47% against the previous year. In general, the import price recorded a measured expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,413 per ton), while the price for Paraguay ($1,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Rapeseed Oil Price in Brazil (FOB) - 2022

The average rapeseed oil export price stood at $1,703 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 an increase of 9.7%. Over the period under review, the average export prices attained the maximum at $2,543 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($2,481 per ton), while the average price for exports to Mexico ($1,525 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Rapeseed Oil Imports in Brazil

After three years of growth, purchases abroad of rapeseed oil decreased by -34% to 13K tons in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 30%.

In value terms, rapeseed oil imports declined modestly to $24M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports attained the peak of $25M, and then fell in the following year.

Import of Rapeseed Oil in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay5.15.88.710.527.2%
Germany0.10.43.010.1365.7%
BelgiumN/AN/A1.71.4-17.6%
AustraliaN/AN/AN/A0.80%
Uruguay0.12.24.20.791.3%
Argentina3.43.84.1N/A9.8%
Others0.51.63.60.921.6%
Total9.213.825.324.538.6%

Top Suppliers of Rapeseed Oil to Brazil in 2022:

  1. Paraguay (7.3K tons)
  2. Germany (4.3K tons)
  3. Belgium (0.6K tons)
  4. Australia (0.4K tons)
  5. Uruguay (0.4K tons)

Rapeseed Oil Exports in Brazil

Rapeseed oil exports from Brazil soared to 2.3K tons in 2022, increasing by 262% against the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rapeseed oil exports surged to $3.9M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rapeseed Oil in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A2,2900%
Argentina4495345911,30042.5%
IndiaN/AN/A30.3112269.6%
Guatemala26.733.314358.730.0%
Peru41.767.419349.05.5%
Uruguay59.725.132.623.8-26.4%
Chile2.726661.5N/A377.3%
Others33.020.128.320.1-15.2%
Total6139471,0793,85584.6%

Top Export Markets for Rapeseed Oil from Brazil in 2022:

  1. Mexico (1502.0 tons)
  2. Argentina (646.4 tons)
  3. India (49.0 tons)
  4. Guatemala (25.1 tons)
  5. Peru (25.1 tons)
  6. Uruguay (9.9 tons)

Source: IndexBox Market Intelligence Platform

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

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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August 2023 Sees Significant Surge in Brazil's Import of Crude Rapeseed Oil Valued at $1.4M
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Eye 226

During the analyzed period, there was a slight decrease in imports. The value of imports of Crude Rapeseed Oil surged to $1.4M in August 2023.

Exploring the Top Import Markets for Rapeseed Oil
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Which Country Consumes the Most Rapeseed Oil in the World?
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Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Exports the Most Rapeseed Oil in the World?
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Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.

Which Country Imports the Most Rapeseed Oil in the World?
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Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.

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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.

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Eye 280

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Oct 30, 2023
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During the analyzed period, there was a slight decrease in imports. The value of imports of Crude Rapeseed Oil surged to $1.4M in August 2023.

Free Data: Rapeseed Oil - Brazil