Rapeseed oilcake market in the United States

Earlier Report Observations

The U.S. market for rapeseed oilcake expanded from 4 179 тыс. т in 2018 to 4 604 тыс. т in 2020. This growth occurred despite supply chain disruptions early in 2020 related to the COVID-19 pandemic, as measures to stimulate the canola oil sector and a 3.7% increase in domestic rapeseed oil production supported overall market volume.

After peaking in 2020, the physical market volume contracted to 4 419 тыс. т in 2021 and further to 4 097 тыс. т in 2022. Supply chain challenges and adverse weather conditions in 2022 caused price fluctuations and impacted national output, leading to the market's decline. The market rebounded strongly to 4 850 тыс. т in 2023, driven by a surge in import demand that made the United States the fastest-growing global importer of rapeseed oilcake that year.

In value terms, the market consistently grew from $1 236 млн in 2018 to $1 959 млн in 2023, reflecting underlying price increases and sustained demand from key segments like biofuels and health-conscious consumers, factors noted as market drivers during this period.

Production rapeseed oilcake in the United States

In kind, 2017-2020, K t

Between 2017 and 2020, the United States ranked seventh globally in rapeseed oilcake production.

Top producers of rapeseed oilcake, 2017-2020

World map of production of rapeseed oilcake, 2017-2020

Rapeseed oilcake production in the United States grew for the second year in a row. In 2020, output reached 1 121 thousand tonnes, marking a 3.3% increase from 2019. Over the 2017–2020 period, production rose by 13.9%, averaging 4.4% annually. The lowest production level was in 2018 at 973 thousand tonnes, which saw a 1.1% decline. The most significant growth occurred in 2019, with an 11.5% increase.

Annual dynamics of production in the United States in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Following two years of growth, rapeseed oilcake production in the United States declined in value terms. In 2020, production was valued at 345.1 million US dollars, a slight decrease of 2.7% compared to the previous year. From 2017 to 2020, production value increased by 33.5%, with an average annual growth rate of 10.1%. The peak value was recorded in 2019 at 354.7 million US dollars, while the largest increase of 17.6% occurred in 2018.

Annual dynamics of production in the United States in value, 2017-2020, M $ US

Exports rapeseed oilcake from the United States

Exports in kind, K t

After two years of decline, US rapeseed oilcake exports rebounded. In 2020, exports totaled 13 thousand tonnes, a 15.3% increase from 2019. However, over the 2017–2020 period, exports fell by 62.5%, with an average annual decline of 27.9%. The lowest export volume was in 2019 at 12 thousand tonnes, which experienced the sharpest drop of 58.7%.

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

From 2017 to 2020, three key markets—Canada, Mexico, and Indonesia—collectively accounted for 88.7% of US rapeseed oilcake exports by volume.

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 two years of contraction, US rapeseed oilcake exports in value terms showed an upturn. In 2020, export value reached 4.1 million US dollars, an 8.6% rise from the previous year. Despite this, exports decreased by 56.1% over the 2017–2020 period, with an average annual decline of 24.0%. The lowest value was recorded in 2019 at 3.8 million US dollars, which saw the largest drop of 56.8%.

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

Between 2017 and 2020, Canada (36.7% of export value), Mexico (34.7%), and Indonesia (16.9%) consistently dominated US rapeseed oilcake exports by value, together representing 88.3% 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 oilcake to the United States

Imports in kind, K t

US rapeseed oilcake imports grew for the second consecutive year. In 2020, imports amounted to 3 497 thousand tonnes, a modest 3.9% increase from 2019. Over the 2017–2020 period, imports rose by 2.4%, with an average annual growth rate of 0.8%. The lowest import volume was in 2018 at 3 234 thousand tonnes, which saw a 5.3% decline. The largest increase of 4.1% occurred in 2019.

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

Throughout 2017–2020, US rapeseed oilcake imports by volume were overwhelmingly concentrated on Canada, which accounted for 99.5% of total imports.

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, US rapeseed oilcake imports in value terms totaled 971.3 million US dollars, an 8.5% increase from the previous year. Over the 2017–2020 period, import value grew by 11.8%, with an average annual rate of 3.8%. The largest decline of 4.8% was recorded in 2019.

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

From 2017 to 2020, US rapeseed oilcake imports by value were almost entirely sourced from Canada, which represented 99.3% of total imports.

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