The Global Rapeseed Oil and Mustard Oil Processing industry showed varied performances across countries in 2023. Notably, Belgium increased its share by 2.01%, while Pakistan and Italy experienced declines of 0.083% and 2.64%, respectively. Canada, Japan, and the United States saw modest growths, with the largest uptick from Nepal at 4.28%. Conversely, Belarus and Lithuania experienced significant declines of 4.71% and 3.58%, respectively. The compound annual growth rates (CAGR) underline a diversified sector where certain regions are stabilizing while others encounter declines.
Future trends to watch for in Global Rapeseed Oil and Mustard Oil Processing include expansion in the Asia-Pacific region driven by increasing demand. Emphasis on sustainable production processes and favorable government support around renewable resources will likely fuel growth. Monitoring the economic and geopolitical impacts on trade policies will also be essential as they may significantly influence processing shares globally.
Top countries in Rapeseed Oil and Mustard Oil Processing Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 17.58 | 2023 | +1.6% | +2.01% | View data |
| 2 | 2 Pakistan | 13.31 | 2023 | 0% | -0.083% | View data |
| 3 | 3 Canada | 12.92 | 2023 | +0.87% | +0.61% | View data |
| 4 | 4 Japan | 10.7 | 2023 | 0% | +0.21% | View data |
| 5 | 5 United States | 6.1 | 2023 | 0% | +0.55% | View data |
| 6 | 6 Italy | 5.05 | 2023 | +1.11% | -2.64% | View data |
| 7 | 7 Finland | 3.77 | 2023 | +3.03% | +0.91% | View data |
| 8 | 8 United Kingdom of Great Britain and Northern Ireland | 3.38 | 2023 | |||
| 9 | 9 Czech Republic | 3 | 2023 | -1.82% | -0.72% | View data |
| 10 | 10 Germany | 2.33 | 2023 | -2.33% | -1.37% | View data |
