In 2023, Canada remained the dominant exporter of refined canola, rape, colza, or mustard oil fractions, with its volume standing at a notable lead, well ahead of Germany and Belgium, which followed distantly. The majority of markets experienced modest gains, with Denmark, Bulgaria, Greece, and Switzerland showing significant year-on-year growth. Conversely, exports from the Netherlands, United Kingdom, and Australia declined. Over a five-year span, there has been a stable growth trend, driven by increasing demand and expansion in emerging markets.
Looking forward, key trends to observe include the impact of sustainability initiatives, potential trade policy changes, and technological advancements in oil production. Countries like Ukraine and Kuwait may see significant advancements, fueled by their impressive recent growth trajectories. Monitoring the burgeoning demand in developing regions and shifts in health-conscious consumer preferences will also be crucial.
Top countries in Export of Refined Canola, Rape, Colza or Mustard Oil Fractions by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 1,905,000,000 | 2023 | +3.36% | +4.23% | View data |
| 2 | 2 Germany | 464,510,000 | 2023 | +1.36% | +1.47% | View data |
| 3 | 3 Belgium | 272,090,000 | 2023 | +1.02% | +2.09% | View data |
| 4 | 4 Czech Republic | 144,610,000 | 2023 | +4.42% | +5.95% | View data |
| 5 | 5 Denmark | 114,070,000 | 2023 | +3.84% | +15.21% | View data |
| 6 | 6 Netherlands | 112,530,000 | 2023 | -2.05% | -2.24% | View data |
| 7 | 7 Austria | 90,505,000 | 2023 | +4.61% | +4.19% | View data |
| 8 | 8 Malaysia | 85,129,000 | 2023 | +3.74% | +3.73% | View data |
| 9 | 9 United States | 60,726,000 | 2023 | +0.98% | +2.19% | View data |
| 10 | 10 United Kingdom | 57,903,000 | 2023 | -3.23% | -4.96% | View data |
