Rapeseed oilcake market in Asia

Earlier Report Observations

The market volume for rapeseed oilcake in Asia grew from 12 176 thousand tons in 2018 to 17 698 thousand tons in 2023. This expansion was primarily driven by increased rapeseed oil production in the Asia-Pacific region, where strong demand from the food processing sector and rising consumer health awareness boosted seed crushing. Concurrently, the market benefited from the growing use of rapeseed oilcake as a high-protein animal feed, which created a significant new demand channel.

Technological advances in seed processing and oil extraction improved production efficiency throughout the period. Active intra-Asian trade flows, including exports from Pakistan, supported market activity. Although global vegetable oil supply chains experienced disruptions in 2020, stabilization measures allowed production and trade to continue. Further investments in agricultural technology, such as artificial intelligence for seed improvement, enhanced production capabilities by 2022-2023.

By 2024, the Asia-Pacific region's dominant role in rapeseed consumption remained intact, and the use of oilcake as a competitive feed ingredient continued to underpin market demand.

Production rapeseed oilcake in Asia

In kind, 2017-2020, K t

Top producers of rapeseed oilcake, 2017-2020

World map of production of rapeseed oilcake, 2017-2020

In 2019, Asia's rapeseed oilcake production experienced its largest decline of 4.9%, dropping to 9 980 K t. However, production rebounded in 2020, reaching 10 356 K t, which represents a modest increase of 3.7% compared to the previous year. The highest production level was recorded in 2018 at 10 499 K t, marking a significant 6.2% increase from 2017. Over the entire 2017-2020 period, production grew by 4.7%, translating to an average annual growth rate of 1.6%.

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

In value, 2017-2020, M $ US

In 2019, the value of rapeseed oilcake production in Asia saw its steepest decline of 9.4%, falling to 2 587 M $ US. The following year, production value recovered to 2 737 M $ US in 2020, showing a 5.8% gain compared to 2019. The peak value was achieved in 2018 at 2 855 M $ US, which represented a substantial 12.4% increase from the previous year. From 2017 to 2020, the total value increase amounted to 7.8%, with an average annual growth rate of 2.5%.

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

Exports rapeseed oilcake from Asia

Exports in kind, K t

Asia's rapeseed oilcake exports reached their lowest point in 2018 at 483 K t, marking a 22.2% decline from the previous year. However, exports surged by 38.2% in 2019 and continued to grow in 2020, reaching 821 K t—a 23.0% increase compared to 2019. This represents the second consecutive year of export growth. Over the 2017-2020 period, exports expanded by 32.2%, with an average annual growth rate of 9.8%.

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

Between 2017 and 2020, Russia, Norway, and the United States emerged as the top buyers of rapeseed oilcake from Asia. Russia accounted for 3.0% of exports in volume, Norway for 2.7%, and the United States for 1.5%. Together, these three markets represented 7.2% of Asia's total rapeseed oilcake exports during this period.

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

The value of Asia's rapeseed oilcake exports hit its lowest level in 2018 at 131.4 M $ US, reflecting a 17.7% decrease from the previous year. Exports then jumped by 31.6% in 2019 and continued to rise in 2020, reaching 217.0 M $ US—a sharp 25.5% increase compared to 2019. This marks the second consecutive year of growth in export value. From 2017 to 2020, export value grew by 36%, with an average annual increase of 10.8%.

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

From 2017 to 2020, Norway, Russia, and the United States were the three principal markets for Asia's rapeseed oilcake exports in value terms. Together, they accounted for 6.3% of the total export value during this period.

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 oilcake to Asia

Imports in kind, K t

Asia's rapeseed oilcake imports reached their lowest volume in 2018 at 2 160 K t, showing a slight decline of 0.8% from the previous year. Imports then surged by 31.7% in 2019 and continued to grow in 2020, totaling 2 936 K t—a 3.2% increase compared to 2019. This represents the second consecutive year of import growth. Over the 2017-2020 period, imports increased by 34.8%, with an average annual growth rate of 10.5%.

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

Between 2017 and 2020, Canada, Romania, and Ukraine were the largest contributors to Asia's rapeseed oilcake imports by volume. Canada accounted for 45.4% of imports, Romania for 3.9%, and Ukraine for 0.8%. Collectively, these three sources represented 50.1% of Asia's total import volume during this period.

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

Asia's rapeseed oilcake imports in value terms have grown for three consecutive years. In 2020, imports reached 967.5 M $ US, up by 9.1% compared to 2019. Over the 2017-2020 period, import value increased by 50.9%, with an average annual growth rate of 14.7%.

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

From 2017 to 2020, Canada, Romania, and Ukraine were the leading sources of rapeseed oilcake imports to Asia in value terms. Canada accounted for 48.9% of import value, Romania for 3.4%, and Ukraine for 0.7%. Together, these three countries represented 53.1% of Asia's total import value during this period.

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

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