Earlier Report Observations
Between 2018 and 2020, the U.S. market for rapeseed, colza, and mustard oil saw initial growth followed by a contraction. The market volume expanded from 2.36 million tons in 2018 to 2.54 million in 2019, but then receded to 2.45 million in 2020. This decline coincided with a notable increase in exports, which rose by over 20% during the year, diverting supply from domestic availability.
The market stabilized in 2021 before entering a phase of strong expansion. Domestic production rebounded in 2022, increasing by nearly 18%, which helped lift the total market volume to 2.8 million tons. The most dramatic growth occurred in 2023, when the market surged by 35% to reach 3.79 million tons. This leap was primarily driven by a 44% jump in imports, as the average import price fell by more than 14%, making rapeseed oil more affordable for U.S. buyers.
Although full market volume data for 2024 is not available, trade flows suggest the expansion likely continued. Imports climbed further to 3.44 million tons, while exports fell to 54,000 tons. The market remained heavily reliant on Canada, which supplied over 98% of imported rapeseed oil by value, with declining global prices maintaining favorable conditions for import growth.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in the United States
- 5.1.1. Annual dynamics of production in the United States in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in the United States in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in the United States
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from the United States in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's exports in kind from the United States by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from the United States in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from the United States by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from the United States, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from the United States by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from the United States in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's exports in kind from the United States by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from the United States in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from the United States by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from the United States, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from the United States by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to the United States in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's imports in kind to the United States by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to the United States in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to the United States by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to the United States, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to the United States by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to the United States in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's imports in kind to the United States by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to the United States in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to the United States by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to the United States, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to the United States by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production rapeseed, colza or mustard oil and fractions in the United States
In kind, 2017-2020, K t
From 2017 to 2020, the United States ranked seventh globally in the production volume of rapeseed, colza, or mustard oil and fractions.
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
In 2020, the United States produced 809.0 K t of rapeseed, colza, or mustard oil and fractions, showing little change from 2019. Over the 2017-2020 period, production grew by 6.9%, with a compound annual growth rate (CAGR) of 2.2%. The lowest production level was in 2018 at 717.0 K t, while the highest was in 2019 at 813.0 K t. The most significant decrease occurred in 2018, dropping by 5.3%, whereas the largest increase was in 2019, rising by 13.4%.
Annual dynamics of production in the United States in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.3%) | 13.4% | (0.5%) | 2.2% |
In value, 2017-2020, M $ US
In 2020, the output of rapeseed, colza, or mustard oil and fractions in the United States was valued at 750.2 M $ US, marking a slight decline of 0.8% from the previous year. Between 2017 and 2020, production value increased by 4.3%, corresponding to an annualized rate of 1.4%. The minimum value was recorded in 2018 at 655.3 M $ US, and the maximum in 2019 at 756.6 M $ US. The largest decline was in 2018, falling by 8.9%, while the biggest increase was in 2019, up by 15.5%.
Annual dynamics of production in the United States in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.9%) | 15.5% | (0.8%) | 1.4% |
Exports rapeseed, colza or mustard oil and fractions from the United States
Exports in kind, K t
In 2020, the United States exported 124 K t of rapeseed, colza, or mustard oil and fractions, representing a strong increase of 23.1% compared to 2019. Over the 2017-2020 period, exports grew by 19.8%, with a CAGR of 6.2%. The lowest export volume was in 2019 at 101 K t, which also saw the largest decline of 3.7%.
Annual dynamics of product's exports from the United States in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.1% | (3.7%) | 23.1% | 6.2% |
From 2017 to 2020, Mexico, Canada, and Colombia were the primary destinations for U.S. exports of rapeseed, colza, or mustard oil and fractions in kind. Mexico accounted for 31.7% of exports, Canada for 19.5%, and Colombia for 18.0%, together making up 69.2% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from the United States in kind, 2017-2020
Exports in value, M $ US
Following a two-year decline, U.S. exports of rapeseed, colza, or mustard oil and fractions rebounded in 2020, reaching 115 M $ US, a robust increase of 22.6% from the previous year. Between 2017 and 2020, export value rose by 16.9%, equating to an annualized rate of 5.4%. The minimum value was in 2019 at 94 M $ US, and the largest decrease occurred in 2018, falling by 2.8%.
Annual dynamics of product's exports from the United States in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.8%) | (1.9%) | 22.6% | 5.4% |
In value terms from 2017 to 2020, Mexico, Canada, and Colombia held the largest shares of U.S. exports of rapeseed, colza, or mustard oil and fractions. Mexico contributed 29.2% of export value, Canada 23.0%, and Colombia 14.9%, collectively accounting for 67.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from the United States in value, 2017-2020
Imports rapeseed, colza or mustard oil and fractions to the United States
Imports in kind, K t
In 2020, the United States imported 1 767 K t of rapeseed, colza, or mustard oil and fractions, a decrease of 3.3% year-over-year. Between 2017 and 2020, imports fell by 11.3%, with an annualized decline rate of 3.9%. The lowest import volume was in 2018 at 1 747 K t, which also experienced the largest drop of 12.3%. The biggest increase was in 2019, up by 4.7%.
Annual dynamics of product's imports to the United States in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.3%) | 4.7% | (3.3%) | (3.9%) |
From 2017 to 2020, U.S. imports of rapeseed, colza, or mustard oil and fractions in kind were heavily concentrated on Canada, which accounted for 98.9% of total import volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the United States in kind, 2017-2020
Imports in value, M $ US
In 2020, the value of U.S. imports of rapeseed, colza, or mustard oil and fractions was 1 589 M $ US, a slight decrease of 1.0% from 2019. Over the 2017-2020 period, import value declined by 12.1%, corresponding to an annualized rate of 4.2%. The largest decline was in 2018, down by 11.7%, while the biggest increase was in 2019, rising by 0.5%.
Annual dynamics of product's imports to the United States in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.7%) | 0.5% | (1.0%) | (4.2%) |
Throughout 2017-2020, Canada dominated the geographical structure of U.S. imports in value terms for rapeseed, colza, or mustard oil and fractions, holding a 98.3% share of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the United States in value, 2017-2020
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