In 2023, Canada dominated the global rapeseed oil and mustard oil export market with a volume of 3.55 million metric tons. Germany followed at 0.993 million metric tons, while other notable exporters included Russia, Belgium, and the United Arab Emirates. Over the last year, Canada and Germany achieved growth rates of 1.72% and 2.01%, respectively. In contrast, several nations, like Russia and the Czech Republic, experienced a decline in export volumes. Observing the past five years, countries like Bulgaria showcased robust growth with an impressive CAGR, while Lithuania and Hungary showed notable negative trends.
Looking ahead, key trends to monitor include the impact of geopolitical dynamics on export volumes, potential shifts in global agricultural policies affecting production, and technological advancements in agriculture boosting yields and efficiencies. Additionally, climate change and sustainability-focused practices will increasingly influence global rapeseed and mustard oil trade strategies.
Top countries in Rapeseed Oil and Mustard Oil Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 3,550 | 2023 | +1.89% | +1.72% | View data |
| 2 | 2 Germany | 993 | 2023 | +0.4% | +2.01% | View data |
| 3 | 3 Russia | 454 | 2023 | +1.79% | -0.82% | View data |
| 4 | 4 Belgium | 363 | 2023 | +1.68% | +2.24% | View data |
| 5 | 5 United Arab Emirates | 294 | 2023 | -1.67% | -0.6% | View data |
| 6 | 6 Czech Republic | 242 | 2023 | -4.35% | -1.87% | View data |
| 7 | 7 France | 202 | 2023 | -1.46% | -0.87% | View data |
| 8 | 8 Belarus | 199 | 2023 | +2.05% | -3.11% | View data |
| 9 | 9 Netherlands | 180 | 2023 | -5.26% | -3.67% | View data |
| 10 | 10 United Kingdom of Great Britain and Northern Ireland | 174 | 2023 |
