Report Update Jan 1, 2025

Saudi Arabia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Rapeseed Oil Market 2025

Rapeseed Oil Market Size in Saudi Arabia

The Saudi rapeseed oil market declined to $X in 2022, waning by -7.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded temperate growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Rapeseed Oil Exports

Exports from Saudi Arabia

In 2022, the amount of rapeseed oil exported from Saudi Arabia dropped significantly to X tons, with a decrease of -55.2% compared with 2021 figures. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 5,539%. The exports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, rapeseed oil exports shrank markedly to $X in 2022. In general, exports, however, saw a strong expansion. The growth pace was the most rapid in 2017 with an increase of 2,575%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Jordan (X tons) and Bahrain (X tons) were the main destinations of rapeseed oil exports from Saudi Arabia.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +50.9%).

In value terms, the largest markets for rapeseed oil exported from Saudi Arabia were Bahrain ($X) and Jordan ($X).

Among the main countries of destination, Bahrain, with a CAGR of +46.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average rapeseed oil export price amounted to $X per ton, shrinking by -8.8% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017 an increase of 213%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Jordan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+101.9%), while the prices for the other major destinations experienced more modest paces of growth.

Rapeseed Oil Imports

Imports into Saudi Arabia

In 2022, imports of rapeseed oil into Saudi Arabia totaled X tons, remaining relatively unchanged against the previous year's figure. Overall, imports recorded pronounced growth. The pace of growth appeared the most rapid in 2018 when imports increased by 136% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, rapeseed oil imports shrank to $X in 2022. Over the period under review, imports posted a perceptible expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 133% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of rapeseed oil to Saudi Arabia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of rapeseed oil to Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value from India was relatively modest.

Import Prices by Country

The average rapeseed oil import price stood at $X per ton in 2022, falling by -13.9% against the previous year. Over the period under review, the import price showed a perceptible decrease. The growth pace was the most rapid in 2013 an increase of 24%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rapeseed oil in the world?

The countries with the highest volumes of rapeseed oil consumption in 2021 were China, the United States and India, together accounting for 41% of global consumption. Germany, Poland, France, Canada, Japan, Belgium, the UK, Mexico, the Netherlands and Norway lagged somewhat behind, together comprising a further 42%.

What are the largest producers of rapeseed oil in the world?

The countries with the highest volumes of rapeseed oil production in 2021 were Canada, Germany and China, with a combined 43% share of global production. These countries were followed by India, France, Poland, Japan, the United States, the UK, Belgium, Russia, Mexico and the Czech Republic, which together accounted for a further 42%.

What are the leading suppliers of rapeseed oil to Saudi Arabia?

In value terms, the United Arab Emirates, Bangladesh and the Netherlands were the largest rapeseed oil suppliers to Saudi Arabia, together comprising 92% of total imports.

What are the leading importers of rapeseed oil from Saudi Arabia?

In value terms, the largest markets for rapeseed oil exported from Saudi Arabia were Jordan and Lebanon.

What is the average export price for rapeseed oil in Saudi Arabia?

The average rapeseed oil export price stood at $1,167 per ton in 2021, shrinking by -2.8% against the previous year.

What is the average import price for rapeseed oil in Saudi Arabia?

In 2021, the average rapeseed oil import price amounted to $1,258 per ton, waning by -2.2% against the previous year.

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

Saudi Arabia

Data coverage:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024