In 2023, Canada dominated global rapeseed and mustard oil exports, encompassing 46.61% of total volume, with a moderate growth rate of 1.72%. Germany secured the second position with a 13.03% share, displaying a 2.01% increase. Although Russia contributed 5.96%, it faced a contraction of 0.82%. Belgium and Denmark experienced notable increases of 2.24% and 2.22%, respectively. Austria presented a remarkable growth of 4.17%. In contrast, several countries such as Belarus, Netherlands, and Czech Republic exhibited negative growth, with reductions of 3.11%, 3.67%, and 1.87%. Bulgaria's exports surged by 9.24%, marking the highest growth.
Future trends to monitor include Canada's continued expansion in exports and potential shifts in EU countries' market dynamics due to policy changes. Watch for Eastern Europe enhancing export growth, especially as geopolitical tensions may alter trade routes. Technological advancements and sustainability measures may further modify the global market landscape.
Top countries in Rapeseed Oil and Mustard Oil Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 46.61 | 2023 | +1.89% | +1.72% | View data |
| 2 | 2 Germany | 13.03 | 2023 | +0.4% | +2.01% | View data |
| 3 | 3 Russia | 5.96 | 2023 | +1.79% | -0.82% | View data |
| 4 | 4 Belgium | 4.76 | 2023 | +1.68% | +2.24% | View data |
| 5 | 5 United Arab Emirates | 3.86 | 2023 | -1.67% | -0.6% | View data |
| 6 | 6 Czech Republic | 3.18 | 2023 | -4.35% | -1.87% | View data |
| 7 | 7 France | 2.65 | 2023 | -1.46% | -0.87% | View data |
| 8 | 8 Belarus | 2.61 | 2023 | +2.05% | -3.11% | View data |
| 9 | 9 Netherlands | 2.36 | 2023 | -5.26% | -3.67% | View data |
| 10 | 10 United Kingdom of Great Britain and Northern Ireland | 2.28 | 2023 |
