China - Rapeseed 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 PricingRapeseed Oil Price in China - 2023
Contents:
- Rapeseed Oil Price in China (CIF) - 2022
- Rapeseed Oil Price in China (FOB) - 2022
- Rapeseed Oil Imports in China
- Rapeseed Oil Exports in China
Rapeseed Oil Price in China (CIF) - 2022
The average rapeseed oil import price stood at $1,502 per ton in 2022, jumping by 35% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rapeseed oil import price increased by +82.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($1,680 per ton) and Canada ($1,660 per ton), while the price for the Netherlands ($1,226 per ton) and the United Arab Emirates ($1,295 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
Rapeseed Oil Price in China (FOB) - 2022
The average rapeseed oil export price stood at $2,514 per ton in 2022, surging by 34% against the previous year. Over the period under review, the export price recorded tangible growth. The most prominent rate of growth was recorded in 2021 an increase of 53%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,906 per ton), while the average price for exports to Malaysia ($2,190 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 Singapore (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Rapeseed Oil Imports in China
In 2022, supplies from abroad of rapeseed oil decreased by -45.1% to 1.2M tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 20%.
In value terms, rapeseed oil imports declined notably to $1.8B in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $2.4B, and then fell notably in the following year.
| Import of Rapeseed Oil in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 127 | 200 | 405 | 840 | 87.7% |
| Canada | 784 | 844 | 985 | 386 | -21.0% |
| United Arab Emirates | 162 | 302 | 373 | 363 | 30.9% |
| Belarus | 28.8 | 18.7 | 39.5 | 59.2 | 27.1% |
| Kazakhstan | 44.6 | 29.6 | 5.0 | 46.3 | 1.3% |
| Australia | 44.8 | 71.7 | 56.9 | 34.4 | -8.4% |
| Ukraine | 100 | 59.9 | 69.1 | 7.0 | -58.8% |
| Others | 34.9 | 115 | 465 | 40.7 | 5.3% |
| Total | 1,326 | 1,641 | 2,398 | 1,777 | 10.3% |
Top Suppliers of Rapeseed Oil to China in 2022:
- Russia (545.1K tons)
- United Arab Emirates (280.3K tons)
- Canada (232.4K tons)
- Belarus (37.4K tons)
- Kazakhstan (33.3K tons)
- Australia (20.5K tons)
- Ukraine (5.2K tons)
Rapeseed Oil Exports in China
In 2022, shipments abroad of rapeseed oil was finally on the rise to reach 2.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous contraction.
In value terms, rapeseed oil exports soared to $6M in 2022. Over the period under review, exports, however, continue to indicate a deep downturn.
| Export of Rapeseed Oil in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 1,728 | 0% |
| Malaysia | 174 | 4.1 | 13.8 | 450 | 37.3% |
| Japan | N/A | N/A | N/A | 162 | 0% |
| United States | 9.3 | 56.3 | 76.2 | 104 | 123.6% |
| United Arab Emirates | N/A | 10.6 | 25.3 | 66.9 | 151.2% |
| Singapore | 169 | N/A | 7.0 | 57.5 | -30.2% |
| Hong Kong SAR | 9,305 | N/A | N/A | N/A | 0% |
| Others | 234 | 3,531 | 3,036 | 3,412 | 144.3% |
| Total | 9,892 | 3,602 | 3,158 | 5,980 | -15.4% |
Top Export Markets for Rapeseed Oil from China in 2022:
- Philippines (661.4 tons)
- Malaysia (205.5 tons)
- Japan (41.5 tons)
- United States (31.1 tons)
- United Arab Emirates (23.6 tons)
- Singapore (16.6 tons)
This report provides an in-depth analysis of the rapeseed oil market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
698
This report provides an in-depth analysis of the rapeseed oil market in China.
1983
This report provides an in-depth analysis of the crude rapeseed oil market in China.
377
This report provides an in-depth analysis of the refined rapeseed oil market in China.
3414
This report provides an in-depth analysis of the global rapeseed oil market.
535
This report provides an in-depth analysis of the global crude rapeseed oil market.
475
This report provides an in-depth analysis of the global refined rapeseed oil market.
698
This report provides an in-depth analysis of the rapeseed oil market in China.
1983
This report provides an in-depth analysis of the crude rapeseed oil market in China.
377
This report provides an in-depth analysis of the refined rapeseed oil market in China.
3414
This report provides an in-depth analysis of the global rapeseed oil market.
171
This article provides a comprehensive guide on how to successfully enter the Chinese market for crude rapeseed oil, including market analysis, regulatory requirements, and strategic considerations.
540
In Feb. 2023, the price of crude rapeseed oil (CIF, China) was $1,404 per ton, a 1.6% increase compared to the previous month.
217
In value terms, refined rapeseed oil imports surged to $1.6M in April 2023.
4545
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
3026
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
2842
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
2520
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.
161
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
171
This article provides a comprehensive guide on how to successfully enter the Chinese market for crude rapeseed oil, including market analysis, regulatory requirements, and strategic considerations.
540
In Feb. 2023, the price of crude rapeseed oil (CIF, China) was $1,404 per ton, a 1.6% increase compared to the previous month.
