Canola Oil
Supply
Canola Oil - Top Suppliers
Global trade analysis for Rapeseed Oil, Low Erucic Acid, Crude shows a total trade value of $1.56B USD, representing 1.38B Kilograms.
The market is dominated by Canada, contributing 99.2% of global trade value, followed by United Arab Emirates (0.5%), Australia (0.1%), Australia (0.1%) and Italy (0.0%).
Notably, the top 5 producing countries account for 99.9% of the global trade value, indicating a highly concentrated market.
Production & Supply Trends
Meal, Rapeseed - Beginning Stocks
Beginning Stocks for Meal, Rapeseed increased by 10.2% from 1,254 1000 MT in 2023 to 1,382 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 7.7%.
Meal, Rapeseed - Crush
Crush for Meal, Rapeseed decreased by 0.5% from 84,823 1000 MT in 2023 to 84,430 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.2%.
Meal, Rapeseed - Ending Stocks
Ending Stocks for Meal, Rapeseed increased by 4.3% from 1,382 1000 MT in 2023 to 1,441 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 3.3%.
Meal, Rapeseed - Exports
Exports for Meal, Rapeseed increased by 2.6% from 10,153 1000 MT in 2023 to 10,415 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 34.2%.
Meal, Rapeseed - Extr. Rate, 999.9999
Extr. Rate, 999.9999 for Meal, Rapeseed decreased by 6.3% from 17.51 PERCENT in 2023 to 16.410000000000004 PERCENT in 2024. Over the 2021-2024 period, there has been a net decrease of 4.3%.
Meal, Rapeseed - Imports
Imports for Meal, Rapeseed increased by 4.5% from 9,909 1000 MT in 2023 to 10,351 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 35.0%.
Meal, Rapeseed - Production
Production for Meal, Rapeseed decreased by 1.0% from 49,330 1000 MT in 2023 to 48,816 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 16.4%.
Meal, Rapeseed - SME
SME for Meal, Rapeseed decreased by 0.6% from 34,285.84 1000 MT in 2023 to 34,093.7 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.3%.
Meal, Rapeseed - Total Distribution
Total Distribution for Meal, Rapeseed increased by 0.1% from 60,493 1000 MT in 2023 to 60,549 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 19.0%.
Meal, Rapeseed - Total Supply
Total Supply for Meal, Rapeseed increased by 0.1% from 60,493 1000 MT in 2023 to 60,549 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 19.0%.
Oil, Rapeseed - Beginning Stocks
Beginning Stocks for Oil, Rapeseed increased by 3.2% from 3,498 1000 MT in 2023 to 3,609 1000 MT in 2024. Over the 2021-2024 period, there has been a net decrease of 0.1%.
Oil, Rapeseed - Crush
Crush for Oil, Rapeseed decreased by 0.5% from 84,823 1000 MT in 2023 to 84,430 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.2%.
Oil, Rapeseed - Ending Stocks
Ending Stocks for Oil, Rapeseed decreased by 24.3% from 3,609 1000 MT in 2023 to 2,733 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 9.8%.
Oil, Rapeseed - Exports
Exports for Oil, Rapeseed increased by 4.0% from 7,413 1000 MT in 2023 to 7,710 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 48.0%.
Oil, Rapeseed - Extr. Rate, 999.9999
Extr. Rate, 999.9999 for Oil, Rapeseed increased by 1.5% from 11.120000000000003 PERCENT in 2023 to 11.290000000000001 PERCENT in 2024. Over the 2021-2024 period, there has been a net increase of 3.8%.
Oil, Rapeseed - Imports
Imports for Oil, Rapeseed increased by 0.4% from 7,542 1000 MT in 2023 to 7,574 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 49.1%.
Oil, Rapeseed - Production
Production for Oil, Rapeseed decreased by 1.0% from 34,469 1000 MT in 2023 to 34,109 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 17.0%.
Oil, Rapeseed - Total Distribution
Total Distribution for Oil, Rapeseed decreased by 0.5% from 45,509 1000 MT in 2023 to 45,292 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 19.6%.
Oil, Rapeseed - Total Supply
Total Supply for Oil, Rapeseed decreased by 0.5% from 45,509 1000 MT in 2023 to 45,292 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 19.6%.
Oilseed, Rapeseed - Area Harvested
Area Harvested for Oilseed, Rapeseed decreased by 1.5% from 42,900 1000 HA in 2023 to 42,236 1000 HA in 2024. Over the 2021-2024 period, there has been a net increase of 9.1%.
Oilseed, Rapeseed - Beginning Stocks
Beginning Stocks for Oilseed, Rapeseed increased by 4.4% from 10,405 1000 MT in 2023 to 10,858 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 43.7%.
Oilseed, Rapeseed - Crush
Crush for Oilseed, Rapeseed decreased by 0.9% from 84,823 1000 MT in 2023 to 84,080 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 16.7%.
Oilseed, Rapeseed - Ending Stocks
Ending Stocks for Oilseed, Rapeseed decreased by 29.7% from 10,858 1000 MT in 2023 to 7,636 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 15.7%.
Oilseed, Rapeseed - Exports
Exports for Oilseed, Rapeseed decreased by 7.3% from 18,185 1000 MT in 2023 to 16,853 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 9.8%.
Oilseed, Rapeseed - Imports
Imports for Oilseed, Rapeseed decreased by 9.5% from 18,307 1000 MT in 2023 to 16,569 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 20.2%.
Oilseed, Rapeseed - Production
Production for Oilseed, Rapeseed decreased by 4.7% from 89,340 1000 MT in 2023 to 85,167 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 11.1%.
Oilseed, Rapeseed - Total Distribution
Total Distribution for Oilseed, Rapeseed decreased by 4.6% from 118,052 1000 MT in 2023 to 112,594 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 14.9%.
Oilseed, Rapeseed - Total Supply
Total Supply for Oilseed, Rapeseed decreased by 4.6% from 118,052 1000 MT in 2023 to 112,594 1000 MT in 2024. Over the 2021-2024 period, there has been a net increase of 14.9%.
Oilseed, Rapeseed - Yield
Yield for Oilseed, Rapeseed decreased by 1.3% from 62.26 MT/HA in 2023 to 61.46 MT/HA in 2024. Over the 2021-2024 period, there has been a net decrease of 0.3%.
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