"Asia" region includes following countries:
Earlier Report Observations
The Asian rapeseed market volume grew steadily from 32.1 million tonnes in 2018 to 41.0 million tonnes in 2023, despite a slight dip in 2019. The most significant expansion occurred in 2023, when volume jumped by 6.3 million tonnes.
In value terms, the market showed greater volatility. After declines in 2019 and 2020, its worth surged to 27.5 billion US dollars in 2022 before falling to 24.1 billion dollars in 2023, reflecting shifts in global rapeseed prices.
Key influences on the market include robust demand from the Asia-Pacific region driven by health trends and biofuel use, as well as policy changes like India's 2024 tariff-rate quota for refined rapeseed oil. Weather events and reduced EU production also shaped global supply conditions.
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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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. 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 Asia
- 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, K t
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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 Asia
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
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7.1. Exports (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 in Asia
In kind, 2017-2020, K t
Top producers of rapeseed, 2017-2020
World map of production of rapeseed, 2017-2020
Asia's rapeseed production has grown for the third year in a row. In 2020, the region produced 24 695 thousand tonnes, marking a 2.0% increase from the previous year. From 2017 to 2020, production rose by 9.9%, with an average annual growth rate of 3.2%.
Annual dynamics of production in Asia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.7% | 3.9% | 2.0% | 3.2% |
In value, 2017-2020, M $ US
Following two years of growth, Asia's rapeseed production value declined. In 2020, output was valued at 13 208 million US dollars, showing a gradual decrease of 7.4% compared to 2019. Over the 2017-2020 period, production value increased by 12.5%, with a compound annual growth rate of 4.0%. The highest value was recorded in 2019 at 14 267 million US dollars, while the largest increase occurred in 2018 at 15.0%.
Annual dynamics of production in Asia in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 15.0% | 5.6% | (7.4%) | 4.0% |
Exports rapeseed from Asia
Exports in kind, K t
Rapeseed exports from Asia fell for the second consecutive year. In 2020, exports totaled 111 thousand tonnes, a 23.4% drop from the previous year. Between 2017 and 2020, exports decreased by 16.5%, equivalent to an annualized decline of 5.8%. The peak was in 2018 at 174 thousand tonnes, which also saw the largest increase of 30.9%.
Annual dynamics of product's exports from Asia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 30.9% | (16.7%) | (23.4%) | (5.8%) |
From 2017 to 2020, Asia's rapeseed exports in volume were not concentrated in a few key markets. Russia accounted for 21.6% of exports, Latvia for 7.4%, and the Netherlands for 1.9%, with these three countries together making up only 30.8% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Asia in kind, 2017-2020
Exports in value, M $ US
Rapeseed export value from Asia declined for the second year in a row. In 2020, exports amounted to 59 million US dollars, a sharp 30.5% decrease from the previous year. Over the 2017-2020 period, export value fell by 14.6%, with a compound annual decline rate of 5.1%. The highest value was recorded in 2018 at 101 million US dollars, which also experienced the largest increase of 45.1%.
Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 45.1% | (15.3%) | (30.5%) | (5.1%) |
Between 2017 and 2020, Asia's rapeseed exports in value terms were spread across a wide range of markets. Russia held 15.7% of export value, Latvia 6.4%, and the Netherlands 1.6%, with these three countries collectively accounting for just 23.7% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Asia in value, 2017-2020
Imports rapeseed to Asia
Imports in kind, K t
After two years of decline, Asia's rapeseed imports in volume rebounded. In 2020, imports reached approximately 8 270 thousand tonnes, a 14.6% increase from 2019. From 2017 to 2020, imports decreased by 11.5%, equating to an annualized decline of 4.0%. The lowest volume was in 2019 at 7 216 thousand tonnes, which also saw the largest drop of 19.9%.
Annual dynamics of product's imports to Asia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.6%) | (19.9%) | 14.6% | (4.0%) |
Throughout 2017-2020, Canada remained the primary source for Asia's rapeseed imports in volume, accounting for 87.3% of total flows, while the rest was distributed among various smaller markets.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Asia in kind, 2017-2020
Imports in value, M $ US
Following two years of decrease, Asia's rapeseed import value increased. In 2020, imports were recorded at 3 593 million US dollars, a robust 12.4% rise compared to 2019. Over the 2017-2020 period, import value fell by 20%, with a compound annual decline rate of 7.2%. The lowest value was in 2019 at 3 198 million US dollars, which also experienced the largest decline of 25.9%.
Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.0%) | (25.9%) | 12.4% | (7.2%) |
From 2017 to 2020, Canada dominated Asia's rapeseed imports in value terms, taking 86.9% of total flows, with other countries accounting for the remaining share.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Asia in value, 2017-2020
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