As of 2024, Canada leads global rapeseed oil production with an 18.5% share, showing a 3.49% year-on-year increase in 2023. Germany, China, and India follow at 12.91%, 12.16%, and 9.4% respectively. Notable year-on-year variations include China’s decrease of 2.49%, and significant growth in countries like Hungary (5.84%) and Bulgaria (6.62%). On the other hand, countries like the Netherlands experienced notable declines (-27.65%). Future production trends could be influenced by shifts in agricultural practices, climate change, and geopolitical factors. Watching for improvements in production technology and changing trade policies will be crucial in forecasting future market dynamics for rapeseed oil.
Top countries in Rapeseed Oil Production Share by Country (Metric Tons)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Canada | 18.5 | 2023 | +3.07% | +3.49% | View data |
2 | 2 Germany | 12.91 | 2023 | +0.95% | +1.63% | View data |
3 | 3 China | 12.16 | 2023 | -2.76% | -2.49% | View data |
4 | 4 India | 9.4 | 2023 | +1.14% | +0.062% | View data |
5 | 5 France | 7.43 | 2023 | +1.28% | +1.96% | View data |
6 | 6 Poland | 5.14 | 2023 | +2.57% | +2.68% | View data |
7 | 7 Japan | 4.02 | 2023 | +0.42% | +0.68% | View data |
8 | 8 United States | 3.19 | 2023 | +2.1% | +3.29% | View data |
9 | 9 Belgium | 2.81 | 2023 | +2.2% | +2.86% | View data |
10 | 10 Mexico | 2.33 | 2023 | +0.99% | +1.71% | View data |