Rapeseed, colza or mustard oil and fractions market in Northern America

Earlier Report Observations

The North American rapeseed oil market grew from 1 999 thousand tons in 2018 to 2 327 thousand tons in 2020, driven by rising consumer demand for healthier oils low in cholesterol and saturated fats. Supportive U.S. policies for biofuels further increased demand from the biodiesel sector, reinforcing the market expansion during this period.

Market volume contracted to 1 869 thousand tons in 2021 as logistical disruptions from the conflict in Ukraine and a production deficit in Europe boosted export demand, reducing domestic availability. A slight recovery followed in 2022, aided by continued agricultural policy support for rapeseed cultivation and growing European demand for biodiesel.

Consumption stabilized near 2 million tons by 2023, supported by steady food-industry use and renewable-energy mandates. Throughout the period, trends favoring organic, non-GMO, and sustainably produced oils shaped the market, while major producers like Cargill and Bunge maintained a strong presence.

Production rapeseed, colza or mustard oil and fractions in Northern America

In kind, 2017-2020, K t

Top producers of rapeseed, colza or mustard oil and fractions, 2017-2020

World map of production of rapeseed, colza or mustard oil and fractions, 2017-2020

Rapeseed, colza, and mustard oil production in Northern America has grown for the third year in a row. In 2020, output reached 5 304 thousand tonnes, marking a 6.1% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 10.4%, which translates to an average annual growth rate of 3.4%.

Annual dynamics of production in Northern America in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of rapeseed, colza, and mustard oil production in Northern America has increased for the second consecutive year. In 2020, production was valued at 5 015 million US dollars, up 6.9% compared to 2019. Between 2017 and 2020, the value grew by 3%, averaging 1.0% per year. The lowest value was recorded in 2018 at 4 665 million US dollars, which also saw the largest decline of 4.2%.

Annual dynamics of production in Northern America in value, 2017-2020, M $ US

Exports rapeseed, colza or mustard oil and fractions from Northern America

Exports in kind, K t

In 2020, Northern America exported 2 986 thousand tonnes of rapeseed, colza, and mustard oil, a gradual increase of 7.6% from 2019. Over the 2017-2020 period, exports grew by 14.6%, with a compound annual growth rate of 4.6%. The largest increase occurred in 2018 at 8.9%, while the largest decline was in 2019 at 2.2%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, K t

From 2017 to 2020, rapeseed, colza, and mustard oil exports from Northern America were distributed across many markets. Even the top destinations—China, South Korea, and Chile—combined accounted for only 37.2% of total export volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Northern America in kind, 2017-2020

Exports in value, M $ US

In 2020, the value of rapeseed, colza, and mustard oil exports from Northern America was 2 823 million US dollars, showing a moderate rise of 8.4% compared to 2019. Over the 2017-2020 period, export value increased by 6.8%, with a compound annual growth rate of 2.2%. The lowest value was recorded in 2019 at 2 604 million US dollars, which also experienced the largest decline of 4.9%.

Annual dynamics of product's exports from Northern America in value, 2017-2020, M $ US

Between 2017 and 2020, no single market dominated rapeseed, colza, and mustard oil exports in value terms. China, South Korea, and Chile accounted for 26.4%, 3.7%, and 3.2% of export value, respectively, totaling just 33.3%. Many smaller partners each held modest shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Northern America in value, 2017-2020

Imports rapeseed, colza or mustard oil and fractions to Northern America

Imports in kind, K t

Import volumes showed volatility during the observed period. The lowest level was recorded in 2018 at 2 thousand tonnes, while the highest was in 2017, resulting in a 7.8-fold difference. In 2020, Northern America imported 8 thousand tonnes, a sharp increase of 221.9% from 2019. The largest decline occurred in 2018 at 87.2%.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, K t

From 2017 to 2020, India and the Netherlands were the main suppliers of rapeseed, colza, and mustard oil to Northern America, together making up 3.5% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Northern America in kind, 2017-2020

Imports in value, M $ US

Rapeseed, colza, and mustard oil imports into Northern America have risen for the second year in a row. In 2020, imports totaled 25 million US dollars, a controlled increase of 9.6% from 2019. Between 2017 and 2020, import value grew by 5.6%, averaging 1.8% annually. The lowest value was in 2018 at 22 million US dollars, which also saw the largest decline of 9.2%.

Annual dynamics of product's imports to Northern America in value, 2017-2020, M $ US

Over the 2017-2020 period, India, the Netherlands, and Bangladesh were the main sources of imports in value terms, accounting for 2.6%, 2.0%, and 0.6%, respectively. Together, they represented 5.2% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Northern America in value, 2017-2020