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World - Crude Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights

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Global Crude Rapeseed Oil Market 2024

Crude Rapeseed Oil Market Size

In 2022, the global crude rapeseed oil market decreased by -0.9% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Crude Rapeseed Oil Production

In value terms, crude rapeseed oil production rose markedly to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 41%. As a result, production attained the peak level of $X. From 2016 to 2022, global production growth remained at a lower figure.

Crude Rapeseed Oil Exports

Exports

In 2022, shipments abroad of crude rape, colza or mustard oil decreased by -14.7% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, crude rapeseed oil exports rose slightly to $X in 2022. Overall, exports, however, saw pronounced growth. The pace of growth was the most pronounced in 2021 with an increase of 61%. The global exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Canada (X tons), Russia (X tons), France (X tons), Germany (X tons), Belarus (X tons), the United Arab Emirates (X tons) and the Netherlands (X tons) was the main exporter of crude rape, colza or mustard oil in the world, making up 78% of total export. Belgium (X tons), Australia (X tons), Denmark (X tons), Poland (X tons) and the Czech Republic (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +14.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest crude rapeseed oil supplying countries worldwide were Canada ($X), France ($X) and Russia ($X), with a combined 47% share of global exports. Germany, Belarus, the United Arab Emirates, the Netherlands, Belgium, Australia, Denmark, the Czech Republic and Poland lagged somewhat behind, together accounting for a further 41%.

Belarus, with a CAGR of +16.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average crude rapeseed oil export price amounted to $X per ton, jumping by 19% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude rapeseed oil export price increased by +85.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47%. The global export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.2%), while the other global leaders experienced more modest paces of growth.

Crude Rapeseed Oil Imports

Imports

After four years of growth, purchases abroad of crude rape, colza or mustard oil decreased by -14.7% to X tons in 2022. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, crude rapeseed oil imports expanded markedly to $X in 2022. In general, imports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons), distantly followed by the United States (X tons), the Netherlands (X tons), Belgium (X tons), Norway (X tons) and Germany (X tons) were the main importers of crude rape, colza or mustard oil, together achieving 68% of total imports. The following importers - Poland (X tons), Russia (X tons), South Korea (X tons), Lithuania (X tons), Latvia (X tons), Spain (X tons) and Chile (X tons) - together made up 18% of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +50.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, with a combined 44% share of global imports. Belgium, Norway, Germany, Poland, South Korea, Lithuania, Chile, Spain, Latvia and Russia lagged somewhat behind, together accounting for a further 42%.

Russia, with a CAGR of +49.2%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average crude rapeseed oil import price amounted to $X per ton, surging by 28% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude rapeseed oil import price increased by +94.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44%. Global import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, Canada and Germany, together comprising 43% of global consumption. India, Poland, France, the United States, Japan, Belgium, the UK, Mexico, Pakistan and the Czech Republic lagged somewhat behind, together comprising a further 42%.
The countries with the highest volumes of in 2021 were Canada, Germany and China, together accounting for 43% of global production. India, France, Poland, Japan, the United States, the UK, Belgium, Russia, Mexico and the Czech Republic lagged somewhat behind, together accounting for a further 42%.
In value terms, Canada, Russia and Germany appeared to be the countries with the highest levels of exports in 2021, with a combined 54% share of global exports. France, the Netherlands, Belarus, Ukraine, Belgium, the UK, the Czech Republic, Hungary, the United Arab Emirates and the United States lagged somewhat behind, together comprising a further 38%.
In value terms, China constitutes the largest market for imported crude rape, colza or mustard oil worldwide, comprising 28% of global imports. The second position in the ranking was occupied by the Netherlands, with a 14% share of global imports. It was followed by Belgium, with an 11% share.
The average crude rapeseed oil export price stood at $1,225 per ton in 2021, rising by 46% against the previous year.
The average crude rapeseed oil import price stood at $1,131 per ton in 2021, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the global crude 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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