In 2023, the United States led global rapeseed and mustard oil imports with 1.9 million metric tons, a year-on-year growth of 1.66%, while China maintained its position at 1.41 million metric tons without any change. Significant growth was observed in Mexico (4.07%) and the Philippines (5.23%), while Belgium and Austria showed notable decreases of -2.81% and -3.09%, respectively. Brazil and Slovakia saw larger declines of -3.58% and -11.42%. The compound annual growth rate (CAGR) has varied across regions, reflecting diverse trends and external factors affecting these markets.
Future trends to watch include an increasing demand from emerging markets and potential impacts from geopolitical changes and trade policies. Sustainability and environmental concerns will continue to influence production and import strategies. The adaptation to climate change and investments in alternative oils may also impact future import volumes by country.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,900 | 2023 | +0.85% | +1.66% | View data |
| 2 | 2 China | 1,410 | 2023 | 0% | 0% | View data |
| 3 | 3 Netherlands | 814 | 2023 | +1.88% | +1.25% | View data |
| 4 | 4 Norway | 491 | 2023 | +1.24% | +1.27% | View data |
| 5 | 5 Belgium | 313 | 2023 | -1.88% | -2.81% | View data |
| 6 | 6 India | 232 | 2023 | -1.28% | +1.92% | View data |
| 7 | 7 Germany | 185 | 2023 | -3.14% | -1.65% | View data |
| 8 | 8 Poland | 179 | 2023 | +1.7% | +1.4% | View data |
| 9 | 9 France | 157 | 2023 | +0.64% | +0.13% | View data |
| 10 | 10 Sweden | 142 | 2023 | -2.74% | -0.28% | View data |
