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In 2024, the Canadian mustard seed market increased by 7.5% to $111M, rising for the fifth year in a row after three years of decline. In general, consumption posted a strong expansion. Mustard seed consumption peaked at $112M in 2016; however, from 2017 to 2024, consumption remained at a lower figure.
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License information was derived automatically
Despite a slight dip in exports in 2014, Canada continued its dominance in the global mustard seed trade. In 2014, Canada exported 129 thousand tons of mustard seed totaling 115 million USD, 6% under the previous year. Its primary trading partner on the global mustard seed market was the U.S., where it supplied 45.3% of its total mustard seed exports in value terms, accounting for essentially all of the U.S.'s total imports.
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[342 Pages Report] Global mustard seed market worth is expected to rise at a CAGR of 4.2% to US$ 1 Billion by 2032
Report Attribute | Details |
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Mustard Seed Market Valuation as on 2022 | US$ 718.9 million |
Mustard Seed Market Anticipated Forecast Value (2032) | US$ 1084.8 million |
Mustard Seed Market Projected Growth Rate (2022-2032) | 4.2% |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 4.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2014-2020 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In 2021, Canada (X tons) and Russia (X tons) were the key exporters of mustard seedin the world, together accounting for approx. 56% of total exports. India (X tons) held the next position in the ranking, followed by Germany (X tons) and Belgium (X tons). All these countries together held near 21% share of total exports. The United States (X tons), Ukraine (X tons), Poland (X tons), Uruguay (X tons), the Netherlands (X tons), Kazakhstan (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.
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Global mustard seed market: In 2015, the countries with the highest levels of production in 2015 were Canada, Nepal, Russia, together accounting for 66% of total output.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In 2024, the Canadian mustard seed market increased by 7.5% to $111M, rising for the fifth year in a row after three years of decline. In general, consumption posted a strong expansion. Mustard seed consumption peaked at $112M in 2016; however, from 2017 to 2024, consumption remained at a lower figure.