Canola Oil
Supply
Canola Oil - Top Suppliers
Global trade analysis for Rapeseed Oil, Low Erucic Acid, Crude shows a total trade value of $1.52B USD, representing 1.38B Kilograms.
The market is dominated by Canada, contributing 99.3% of global trade value, followed by United Arab Emirates (0.5%), Australia (0.1%), Italy (0.0%) and Paraguay (0.0%).
Notably, the top 5 producing countries account for 100.0% of the global trade value, indicating a highly concentrated market.
Production & Supply Trends
Meal, Rapeseed - Beginning Stocks
Beginning Stocks for Meal, Rapeseed increased by 9.7% from 1,249 1000 MT in 2023 to 1,370 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 6.8%.
Meal, Rapeseed - Crush
Crush for Meal, Rapeseed decreased by 1.6% from 84,663 1000 MT in 2023 to 83,300 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.6%.
Meal, Rapeseed - Ending Stocks
Ending Stocks for Meal, Rapeseed increased by 19.5% from 1,370 1000 MT in 2023 to 1,637 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 10.1%.
Meal, Rapeseed - Exports
Exports for Meal, Rapeseed decreased by 4.8% from 10,156 1000 MT in 2023 to 9,673 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 24.7%.
Meal, Rapeseed - Extr. Rate, 999.9999
Extr. Rate, 999.9999 for Meal, Rapeseed decreased by 0.2% from 17.509999999999998 PERCENT in 2023 to 17.48 PERCENT in 2024. Over the 2021-2024 period, there has been a net increase of 1.9%.
Meal, Rapeseed - Imports
Imports for Meal, Rapeseed decreased by 4.8% from 9,915 1000 MT in 2023 to 9,436 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 22.8%.
Meal, Rapeseed - Production
Production for Meal, Rapeseed decreased by 1.6% from 49,237 1000 MT in 2023 to 48,436 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.5%.
Meal, Rapeseed - SME
SME for Meal, Rapeseed decreased by 2.0% from 34,226.77 1000 MT in 2023 to 33,552.24 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.4%.
Meal, Rapeseed - Total Distribution
Total Distribution for Meal, Rapeseed decreased by 1.9% from 60,401 1000 MT in 2023 to 59,242 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 16.4%.
Meal, Rapeseed - Total Supply
Total Supply for Meal, Rapeseed decreased by 1.9% from 60,401 1000 MT in 2023 to 59,242 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 16.4%.
Oil, Rapeseed - Beginning Stocks
Beginning Stocks for Oil, Rapeseed increased by 2.1% from 3,544 1000 MT in 2023 to 3,619 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.6%.
Oil, Rapeseed - Crush
Crush for Oil, Rapeseed decreased by 1.6% from 84,663 1000 MT in 2023 to 83,300 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.6%.
Oil, Rapeseed - Ending Stocks
Ending Stocks for Oil, Rapeseed decreased by 22.1% from 3,619 1000 MT in 2023 to 2,818 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 11.8%.
Oil, Rapeseed - Exports
Exports for Oil, Rapeseed decreased by 0.2% from 7,436 1000 MT in 2023 to 7,421 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 42.4%.
Oil, Rapeseed - Extr. Rate, 999.9999
Extr. Rate, 999.9999 for Oil, Rapeseed decreased by 0.3% from 11.109999999999998 PERCENT in 2023 to 11.080000000000002 PERCENT in 2024. Over the 2021-2024 period, there has been a net increase of 1.8%.
Oil, Rapeseed - Imports
Imports for Oil, Rapeseed decreased by 4.3% from 7,469 1000 MT in 2023 to 7,146 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 40.0%.
Oil, Rapeseed - Production
Production for Oil, Rapeseed decreased by 1.8% from 34,406 1000 MT in 2023 to 33,776 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.8%.
Oil, Rapeseed - Total Distribution
Total Distribution for Oil, Rapeseed decreased by 1.9% from 45,419 1000 MT in 2023 to 44,541 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.5%.
Oil, Rapeseed - Total Supply
Total Supply for Oil, Rapeseed decreased by 1.9% from 45,419 1000 MT in 2023 to 44,541 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.5%.
Oilseed, Rapeseed - Area Harvested
Area Harvested for Oilseed, Rapeseed decreased by 1.2% from 42,953 1000 HA in 2023 to 42,428 1000 HA in 2024. Over the 2021-2024 period, there has been a net increase of 9.6%.
Oilseed, Rapeseed - Beginning Stocks
Beginning Stocks for Oilseed, Rapeseed increased by 4.9% from 10,912 1000 MT in 2023 to 11,451 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 45.7%.
Oilseed, Rapeseed - Crush
Crush for Oilseed, Rapeseed decreased by 1.6% from 84,663 1000 MT in 2023 to 83,300 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.6%.
Oilseed, Rapeseed - Ending Stocks
Ending Stocks for Oilseed, Rapeseed decreased by 21.2% from 11,451 1000 MT in 2023 to 9,018 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 24.9%.
Oilseed, Rapeseed - Exports
Exports for Oilseed, Rapeseed decreased by 2.3% from 18,673 1000 MT in 2023 to 18,246 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 21.6%.
Oilseed, Rapeseed - Imports
Imports for Oilseed, Rapeseed decreased by 1.7% from 18,192 1000 MT in 2023 to 17,884 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 29.8%.
Oilseed, Rapeseed - Production
Production for Oilseed, Rapeseed decreased by 5.1% from 89,856 1000 MT in 2023 to 85,240 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 11.2%.
Oilseed, Rapeseed - Total Distribution
Total Distribution for Oilseed, Rapeseed decreased by 3.7% from 118,960 1000 MT in 2023 to 114,575 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 16.6%.
Oilseed, Rapeseed - Total Supply
Total Supply for Oilseed, Rapeseed decreased by 3.7% from 118,960 1000 MT in 2023 to 114,575 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 16.6%.
Oilseed, Rapeseed - Yield
Yield for Oilseed, Rapeseed decreased by 1.6% from 62.16 MT/HA in 2023 to 61.15 MT/HA in 2024. Over the 2021-2024 period, there has been a net decrease of 0.8%.
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