Rapeseed rose to 466.47 EUR/T on July 4, 2025, up 1.18% from the previous day. Over the past month, Rapeseed's price has fallen 2.82%, and is down 8.04% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Rapeseed Oil.

Rapeseed oil prices in , April, 2025 For that commodity indicator, we provide data from February 2002 to April 2025. The average value during that period was 982.99 USD per metric ton with a minimum of 410.77 USD per metric ton in April 2002 and a maximum of 2266.17 USD per metric ton in April 2022. | TheGlobalEconomy.com

Graph and download economic data for Global price of Rapeseed Oil (PROILUSDM) from Jan 1990 to May 2025 about oil, World, food, and price.

Get the latest insights on price movement and trend analysis of Rapeseed Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The North American rapeseed oil market in Q1 2025 is characterized by a cautiously optimistic demand recovery, particularly from the biofuel sector, amid ongoing supply constraints stemming from logistical disruptions and adverse weather in key exporting regions. Market sentiment is buoyed by improved trading conditions and a weaker US dollar, enhancing domestic competitiveness. However, inventory levels remain ample, prompting traders to prioritize stock clearance, which tempers upward price momentum despite persistent cost pressures from rising shipping and rival edible oil prices.

Canola rose to 690.70 CAD/T on July 4, 2025, up 0.24% from the previous day. Over the past month, Canola's price has fallen 1.19%, but it is still 4.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Global price of Rapeseed Oil (PROILUSDQ) from Q1 1990 to Q1 2025 about oil, World, food, and price.

The Russian crude rapeseed oil market plummeted to $92M in 2024, which is down by -29.1% against the previous year. Over the period under review, consumption, however, showed mild growth. Over the period under review, the market hit record highs at $250M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

In 2023, imports of crude rape, colza or mustard oil into Japan declined remarkably to 6.8K tons, which is down by -69.2% on the previous year.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Canola (WPU01830171) from Dec 2011 to May 2025 about agriculture, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

Rape, Colza and Mustard Oil Price Per Unit in Finland, 2019 Discover more data with ReportLinker!

In 2024, the Canadian refined rapeseed oil market decreased by -13.4% to $465M, falling for the second year in a row after six years of growth. Over the period under review, the total consumption indicated a mild increase from 2012 to 2024: its value increased at an average annual rate of +1.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

In fiscal year 2024, the procurement price of rapeseed across India was 5,650 Indian rupees per quintal. This was an increase as compared to the previous fiscal year's procurement price. During fiscal year 2023, consumption of rapeseed oil across the south Asian nation was estimated to be over three million metric tons.

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Canola Oil Market Size 2025-2029

The canola oil market size is forecast to increase by USD 6.91 billion, at a CAGR of 3.3% between 2024 and 2029.

The market is driven by the increasing awareness of the health benefits associated with this versatile oil. Rich in monounsaturated and polyunsaturated fats, canola oil is a preferred choice for health-conscious consumers, leading to its growing demand in the food industry. Furthermore, the utilization of canola oil extends beyond the culinary sphere, with its application in plasticizers and adhesives industries. However, the market faces challenges from the rising popularity of substitute oils, such as olive oil and coconut oil, which are also promoted for their health benefits.
Companies in the market must navigate this competitive landscape by focusing on product innovation, cost competitiveness, and effective marketing strategies to maintain their market share. Additionally, ensuring sustainable sourcing and production practices can help bolster brand reputation and consumer trust, providing a strategic advantage in the market.

What will be the Size of the Canola Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by dynamic market dynamics and various applications across multiple sectors. Canola oil production is a significant contributor to the market, with ongoing efforts in crop breeding and yield optimization driving growth. Simultaneously, biodiesel production from canola oil is gaining traction as a renewable energy source, adding to the market's complexity. The food service industry and retail distribution sectors are major consumers of canola oil, with competition from various edible oils and changing consumer preferences influencing market trends. The competition landscape is diverse, with players focusing on product differentiation through omega-3 fatty acid content, non-GMO and organic offerings, and sustainable agriculture practices.

Oilseed byproducts, such as canola meal, have additional value in animal feed and fertilizer industries, further impacting market dynamics. New technologies, including improved crushing technology and refining methods, are shaping the market, while sustainability concerns and environmental impact assessments influence pricing trends. The fatty acid profile and health benefits of canola oil, including heart health and disease resistance, continue to drive demand. Culinary applications, from salad dressings to frying oil, expand the market's reach. Sustainable agriculture practices, pest control methods, and packaging formats are essential considerations for market players, ensuring a continuous focus on innovation and adaptation. The global production of canola oil is subject to market volatility and supply chain management challenges, with regional production patterns and transportation logistics influencing pricing and availability.

As consumer dietary habits shift, market dynamics will continue to evolve, requiring agility and strategic planning from industry participants.

How is this Canola Oil Industry segmented?

The canola oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Conventional
  Organic


Application

  Cooking
  Industrial


Product Type

  Processed
  Virgin
  Cold-pressed
  Extracted


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The conventional segment is estimated to witness significant growth during the forecast period.

Canola oil, derived from genetically modified rapeseed, undergoes solvent extraction using hexane for oil separation. This process contrasts with pressing techniques used for other oils. The extracted oil then undergoes refining, bleaching, and deodorization (RBD) for commercial production. The affordability and widespread availability of conventional canola oil contribute to its popularity among consumers, despite its inability to be certified organic. Crop breeding and yield optimization have significantly increased canola oil production, making it a leading vegetable oil in the global market. The oil's health benefits, including heart health, disease resistance, and a favorable fatty acid profile, contribute to its widespread use in various industries.

Food service, retail distribution, and the production of biodiesel are significant sectors for canola oil consumption. Environmental concerns, such as carbon footprint and land use, have led to the development of

China Settlement Price: ZCE: Rapeseed Oil: 1st Month data was reported at 9,278.000 RMB/Ton in Apr 2025. This records an increase from the previous number of 9,062.000 RMB/Ton for Mar 2025. China Settlement Price: ZCE: Rapeseed Oil: 1st Month data is updated monthly, averaging 8,149.000 RMB/Ton from Jun 2007 (Median) to Apr 2025, with 215 observations. The data reached an all-time high of 14,459.000 RMB/Ton in Apr 2022 and a record low of 5,492.000 RMB/Ton in Jan 2016. China Settlement Price: ZCE: Rapeseed Oil: 1st Month data remains active status in CEIC and is reported by Zhengzhou Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Zhengzhou Commodity Exchange: Commodity Futures: Settlement Price.

Rape, Colza and Mustard Oil Price Per Unit in Denmark, 2020 Discover more data with ReportLinker!

Rape, Colza and Mustard Oil Price Per Unit in Lithuania, 2019 Discover more data with ReportLinker!

This statistic displays the average consumer price of rapeseed oil in Finland from 2008 to 2018. During this period, the annual average price of a liter of rapeseed oil fluctuated, reaching a peak of over 3.7 euros per liter in 2013. In 2018, the average price of rapeseed oil amounted to approximately 3.7 euros per liter.

The Chinese crude rapeseed oil market expanded remarkably to $7.5B in 2024, increasing by 5.6% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2024 and is expected to retain growth in the immediate term.

In 2024, the Australian refined rapeseed oil market decreased by -14.5% to $323M, falling for the second consecutive year after three years of growth. In general, the total consumption indicated a modest expansion from 2012 to 2024: its value increased at an average annual rate of +1.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -21.0% against 2022 indices.