Canola Oil import analysis as of November 2024 shows monthly volumes of 132.45M units, down 17.3% from the previous month.

The three-month average import volume (125.34M units) has increased by 6.9% compared to the previous quarter (117.27M units). Year-over-year comparison shows a 122.2% increase from November 2023 levels (59.61M units).

The overall import trend is decreasing, with volumes ranging from a low of 59.61M units (November 2023) to a peak of 165.05M units (July 2024).

Canola Oil search interest analysis as of Jan 19 – 25, 2025 shows a current interest level of 79, down 0.0% from the previous week.

The average search interest over the past year (69.0) has increased by 8.3% compared to the previous year (63.8). The three-year average interest level is 65.0, while the five-year average stands at 59.6.

Peak search interest was observed during Nov 24 – 30, 2024 with a value of 100, while the lowest interest was recorded during Nov 1 – 7, 2020 with a value of 38.

The overall search interest trend is currently stable, with growing year-over-year interest.

Regional Interest Analysis:

Canola Oil regional interest analysis shows the highest search interest is observed in Washington with a relative interest score of 100.0. This is followed by Vermont (98.0), Massachusetts (94.0), Connecticut (93.0), and Pennsylvania (90.0).

The average interest across all regions is 79.5.

Among the analyzed regions, 36 show high interest (75-100), 15 show moderate interest (50-74), and 0 show lower interest levels (below 50).

Domestic Consumption for Meal, Rapeseed decreased by 0.5% from 48,958 1000 MT in 2023 to 48,693 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.0%.

Feed Waste Dom. Cons. for Meal, Rapeseed decreased by 0.6% from 48,188 1000 MT in 2023 to 47,918 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.3%.

Food Use Dom. Cons. for Meal, Rapeseed is 0 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.0%.

Industrial Dom. Cons. for Meal, Rapeseed increased by 0.6% from 770 1000 MT in 2023 to 775 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.6%.

Domestic Consumption for Oil, Rapeseed increased by 1.0% from 34,487 1000 MT in 2023 to 34,849 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.6%.

Feed Waste Dom. Cons. for Oil, Rapeseed decreased by 0.0% from 51 1000 MT in 2023 to 51 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.0%.

Food Use Dom. Cons. for Oil, Rapeseed increased by 0.7% from 24,409 1000 MT in 2023 to 24,582 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 11.6%.

Industrial Dom. Cons. for Oil, Rapeseed increased by 1.9% from 10,027 1000 MT in 2023 to 10,216 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 26.3%.

Domestic Consumption for Oilseed, Rapeseed decreased by 1.0% from 89,009 1000 MT in 2023 to 88,105 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.9%.

Feed Waste Dom. Cons. for Oilseed, Rapeseed decreased by 4.6% from 3,516 1000 MT in 2023 to 3,355 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 1.2%.

Food Use Dom. Cons. for Oilseed, Rapeseed decreased by 0.0% from 670 1000 MT in 2023 to 670 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 0.8%.