The analysis of global rapeseed oil imports highlights significant variations across countries in 2023. The United States and Belarus show substantial gains with respective increases of 11.08% and 90.37%. Mexico also posted a notable rise at 21.78%. In contrast, China and India experienced declines of 7.37% and 39.56%, respectively, while Russia's imports dropped by 18.61%. Smaller fluctuations were observed in countries like Norway and Chile. Most notably, Ukraine and Kazakhstan stopped imports completely.
Future trends to watch include the impact of geopolitical developments and climate changes on supply chains. Additionally, the growing emphasis on sustainability may further influence import patterns, potentially increasing demand from markets with favorable environmental practices.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,000 | 2023 | +5.45% | +11.08% | View data |
| 2 | 2 China | 1,600 | 2023 | 0% | -7.37% | View data |
| 3 | 3 Norway | 550 | 2023 | +10% | +2.42% | View data |
| 4 | 4 Mexico | 300 | 2023 | +64.84% | +21.78% | View data |
| 5 | 5 South Korea | 170 | 2023 | +25% | +6.34% | View data |
| 6 | 6 Chile | 115 | 2023 | -8% | +0.35% | View data |
| 7 | 7 Belarus | 100 | 2023 | -20% | +90.37% | View data |
| 8 | 8 Israel | 80 | 2023 | +6.67% | +10.3% | View data |
| 9 | 9 New Zealand | 65 | 2023 | 0% | +0.95% | View data |
| 10 | 10 Russia | 50 | 2023 | -16.67% | -18.61% | View data |
