Key Market Indicators
Consumption of rapeseed in Australia is expected to remain steady until 2026. In 2021, the country ranked 24th in the world, consuming 2,000 metric tons. Israel led the way with 2,000 metric tons, followed by Canada, Germany, and Spain. Australia's production of rapeseed is set to increase by 0.2% year-on-year, from 2.9 million metric tons in 2021 to 2.9 million metric tons in 2026. Since 1973, production has risen by 0.9% annually. In 2021, Germany was the world leader with 2.9 million metric tons, followed by China, India, and France.
