Rapeseed market in Southern Asia

Earlier Report Observations

Rapeseed production in Southern Asia rose from 9 466 thousand tonnes in 2018 to 11 187 thousand tonnes by 2021. This growth was fueled by the adoption of high-yielding varieties and hybrids developed by research institutions, along with improved production technologies. The COVID-19 pandemic in 2020 affected export and demand patterns, but new technological trends and entry of new players in the seed market helped sustain output.

The expansion accelerated from 2022, with production reaching 14 294 thousand tonnes in 2023. Government policies and stakeholder consultations encouraged farmers to expand rapeseed cultivation to approximately 10 million hectares. Record planting areas and initiatives like the Model Mustard Farm Project supported this increase, alongside favorable weather and better agronomic practices.

For 2024, industry reports indicate record rapeseed and mustard output due to further area expansion. Challenges in the rapeseed meal export market emerged from higher international prices, prompting industry calls for government incentives to maintain competitiveness. Domestic consumption patterns shifted as increased production reduced reliance on imports.

Production rapeseed in Southern Asia

In kind, 2017-2020, K t

Top producers of rapeseed, 2017-2020

World map of production of rapeseed, 2017-2020

Southern Asia's rapeseed production has increased for the third consecutive year. In 2020, the region produced 10 343 K t of rapeseed, marking a slight year-on-year increase of 0.8%. Over the period from 2017 to 2020, production grew by 17.2%, with a compound annual growth rate of 5.4%.

Annual dynamics of production in Southern Asia in kind, 2017-2020, K t

Exports rapeseed from Southern Asia

Exports in kind, K t

The market showed noticeable fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2018, with a 1.8-fold difference between these years. In 2019, Southern Asia exported 0.0 K t of rapeseed, representing a 26.4% drop compared to the previous year. The maximum export volume was recorded in 2018 at 0.0 K t, with the largest increase of 83.2% also occurring that year.

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

From 2017 to 2020, China, Tajikistan, and Kuwait emerged as the main markets for rapeseed exports in kind. China accounted for 27.6% of exports, while Tajikistan and Kuwait each represented 6.5%. Together, these three countries made up 40.6% of total export flows.

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

World map of product's exports from Southern Asia in kind, 2017-2020

Exports in value, M $ US

The market exhibited an unstable trend throughout the timeframe. Exports in value terms were at their lowest in 2017 and reached their highest in 2018, reflecting a 2.5-fold gap. In 2019, Southern Asia exported 0.0 M $ US of rapeseed, constituting a steep reduction of 56.0% compared to the previous year. The maximum value was recorded in 2018 at 0.0 M $ US, with the largest increase of 145.0% also occurring that year.

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

Between 2017 and 2020, three principal markets—China, Kuwait, and Tajikistan—together accounted for 60.7% of the total value of rapeseed exports from Southern Asia.

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

World map of product's exports from Southern Asia in value, 2017-2020

Imports rapeseed to Southern Asia

Imports in kind, K t

Cross-border shipments of rapeseed to Southern Asia have increased for the second consecutive year. In 2020, the region imported {value_last_year} K t of rapeseed, corresponding to a notable advance of 22.3% over the past year. Between 2017 and 2020, imports increased by 28%, equating to an annualized rate of 8.6%. The minimum import volume was recorded in 2018 at 1 062 K t, with the largest decline of 12.9% also occurring that year.

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

Throughout 2017–2020, the country structure of imports in kind was dominated by Canada, which accounted for 77.8% of total flows, while other destinations held relatively small shares.

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

World map of product's imports to Southern Asia in kind, 2017-2020

Imports in value, M $ US

Rapeseed deliveries to Southern Asia have increased for the second consecutive year. In 2020, imports reached 669.2 M $ US, marking a robust increase of 18.1% relative to the prior year. Over the period from 2017 to 2020, imports decreased by 3.4%, with a compound annual growth rate of -1.1%. The minimum value was recorded in 2018 at 535.3 M $ US, with the largest decline of 22.7% also occurring that year.

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

In 2017–2020, the geographical pattern of imports in value terms was characterized by a strong dominance of Canada, whose share reached 75.9% of total flows, while other partners held relatively minor shares.

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

World map of product's imports to Southern Asia in value, 2017-2020