Canola decreased 21.74 CAD/MT or 3.57% since the beginning of 2025, 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 March of 2025.

Rapeseed oil prices in , February, 2025 For that commodity indicator, we provide data from February 2002 to February 2025. The average value during that period was 981.24 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

Rapeseed increased 0.79 EUR/T or 0.15% since the beginning of 2025, 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.

In September 2022, the crude rapeseed oil price stood at $2,236 per ton (FOB, Canada), with an increase of 36% against the previous month.

Canola Oil Market size was valued at USD 36.54 Million in 2024 and is projected to reach USD 55.83 Million by 2031, growing at a CAGR of 6.00% from 2024 to 2031.

Health Consciousness: Canola oil is becoming more and more popular as a healthier cooking oil due to consumer awareness of its many health benefits, including its high content of unsaturated fats (including omega-3 and omega-6 fatty acids) and low levels of cholesterol and saturated fats.

Growing Usage in the Food Industry: Canola oil is a favourite option for food makers in a variety of applications, such as baking, frying, making salad dressings, making margarine, and snack foods, due to its neutral flavour, high smoke point, and adaptability. Canola oil is becoming more and more popular as a main ingredient in a wide range of food products, which is partly due to the world’s booming food processing sector.

In 2024, the Canadian rapeseed oil market decreased by -48.6% to $477M, falling for the second year in a row after four years of growth. In general, consumption saw a pronounced shrinkage. Over the period under review, the market reached the peak level at $1.5B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The FAO vegetable oil Price Index* reached 178.32 index points in June of 2008 during the financial crisis. During the pandemic, the price index rose to 184.56 points in October of 2021. After the start of the war in Ukraine, the index jumped to over 251 points in March of 2022. As of January 2025, the index had declined from the spike in the previous years to 153 points. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.

The canola oil market offers a wide range of products, including refined, unrefined, and organic canola oils. Refined canola oil is widely used in cooking and food processing due to its neutral taste and high smoke point. Unrefined canola oil retains a richer flavor and aroma and is preferred for use in salad dressings and marinades. Organic canola oil is produced from organically grown canola seeds and is free from pesticides and herbicides. Recent developments include: March 2023: A commercial partnership between Corteva Inc. and Chevron U.S.A. Inc., a division of Chevron Corporation, aims to create specialized winter canola hybrids that yield plant-based oil with a lower carbon profile. The objective is to boost the supply of vegetable oil feedstocks, mainly for the expanding domestic market for renewable fuels. To provide farmers with a sustainable crop rotation and a new source of income, the firms intend to introduce the winter canola crop to the southern United States., August 2021: Control Chemical Corp., a producer of environmentally safe drilling fluids and lubricants based on vegetable oils, will be acquired by Richardson International Ltd., a large canola oil producer based in Winnipeg, Canada. Control Chemical Corp. receives crude canola oil from Richardson International Ltd.; this acquisition will open doors and assist Control Chemical Corp. in expanding its market reach for downhole and torque-reducing lubricants that are safe for the environment.. Key drivers for this market are: Increasing demand for clean label products 24, Strong growth of bakery & confectionaery products 24; Improvement of Product Appeal 25; Increasing demand for organic food & beverages 25. Potential restraints include: High cost of natural food color ingredients 26, Synthetic color, an economical solution 27. Notable trends are: Growing number of disease is driving the market growth.

231 Global import shipment records of Crude Canola Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

This statistic presents the retail value sales of canola oil products in South Korea from 2014 to 2018, with an estimate for 2019 and a projection for 2023. In 2018, the retail value sales of canola oil products amounted to around 133.6 million U.S. dollars.

The global vegetable oil market size reached USD 280.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 408.4 Billion by 2033, exhibiting a growth rate (CAGR) of 4.81% during 2025-2033. The rising shift towards healthier eating habits, increasing industrial uses of vegetable oils, advances in agricultural practices, rising disposable income, and increased awareness about the health benefits of certain cooking oils are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global vegetable oil market report, along with forecasts at the global and country levels for 2025-2033. Our report has categorized the market based on oil type and application.

Rapeseed Oil Price in China - 2023. Find the latest marketing data on the IndexBox platform.

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.

108 Global export shipment records of Canola Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

299 Global import shipment records of Refined Canola Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Rapeseed Oil Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

Rapeseed Oil Price in Japan - 2023. Find the latest marketing data on the IndexBox platform.

The Canadian refined rapeseed oil market soared to $125M in 2024, rising by 46% against the previous year. In general, consumption, however, showed a deep slump. Over the period under review, the market attained the maximum level at $673M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

The price of Refined Rapeseed Oil in April 2023 was $1,260 per ton (CIF, Netherlands), showing a decrease of 8.1% compared to the previous month.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.