Rapeseed fell to 475.24 EUR/T on August 1, 2025, down 0.43% from the previous day. Over the past month, Rapeseed's price has risen 1.39%, and is up 0.68% 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.

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

Why did the Rapeseed Oil Price Change in July 2025? The overall quarterly trend for Rapeseed oil spot price in North America saw a downward trajectory in Q2 2025, with an average quarter-over-quarter price decline approximately 4.71%, ending June prices at USD 1111 per metric ton.

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 Rapeseed Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Study Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Rapeseed oil prices in , June, 2025 For that commodity indicator, we provide data from February 2002 to June 2025. The average value during that period was 984.93 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 Jun 2025 about oil, World, food, and price.

Canola fell to 682.54 CAD/T on August 1, 2025, down 1.78% from the previous day. Over the past month, Canola's price has fallen 3.34%, but it is still 11.57% 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 August of 2025.

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.

In 2024, the Asia-Pacific rapeseed oil market decreased by -14.7% to $13B, falling for the second year in a row after three years of growth. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $16.8B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The global oilseed rape seed market is experiencing robust growth, driven by increasing demand for biofuels, vegetable oils, and animal feed. The market's expansion is fueled by several factors, including rising global populations requiring increased food production, growing awareness of the environmental benefits of biofuels compared to fossil fuels, and the versatility of oilseed rape as a crop capable of thriving in diverse climatic conditions. While specific market size figures weren't provided, considering the presence of major players like Syngenta, Bayer, and Monsanto, and the significant global demand, we can reasonably estimate the 2025 market size to be around $15 billion USD. A conservative Compound Annual Growth Rate (CAGR) of 5% over the forecast period (2025-2033) is estimated based on industry trends and projections for agricultural commodity markets. This would place the market value at approximately $23 billion by 2033. Major players are investing heavily in research and development to improve crop yields and disease resistance, contributing to overall market expansion. However, the market also faces challenges. Climate change presents significant risks, impacting crop yields and potentially leading to production instability in certain regions. Fluctuations in global commodity prices and the increasing competition from other oilseed crops, such as soybeans, act as restraints on growth. Furthermore, regulatory changes regarding biofuel mandates and sustainable agricultural practices could influence market dynamics. Segment analysis would reveal the relative importance of different oilseed rape varieties (e.g., winter vs. spring) and their respective market shares, as well as regional differences in production and consumption patterns. Key regional markets are likely Europe, North America, and parts of Asia, though precise market share allocations require additional data. The study period (2019-2033) indicates a comprehensive analysis encompassing historical data and future projections, providing valuable insights into the long-term trajectory of this vital agricultural sector.

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

The High Erucic Acid Rapeseed Oil Market Size Was Valued at USD XX Million In 2022 And Is Expected to Grow at A CAGR Of XX % During the Forecast Period, Reaching USD XX Million By 2030 Market Dynamics of the High Erucic Acid Rapeseed Oil Market:

Increasing demand for high erucic acid rapeseed oil in industrial applications is expected to drive the growth of the global market.

Increasing use of high erucic acid rapeseed oil in several industrial applications such as bio-based chemicals, plasticizers, hydraulics, and lubricants. It’s high stability and viscosity make it suitable for these applications and a bio-based alternative to petrochemical-derived products. In addition, its use in machinery and other industrial equipment. High-erucic-acid rapeseed oil is fairly heat resistant and is often used when high heat stability is required. This is expected to drive the growth of the global high erucic acid rapeseed oil market.

Restraining Factor:

The high cost of high erucic acid rapeseed oil may hamper the growth of the global market.

The increasing cost of high erucic acid rapeseed oil can be influenced by factors such as weather conditions, agricultural practices, and market demand for raw materials. Price volatility can affect the overall profitability of producing the oil and impact its competitiveness compared to other oils. This is expected to hamper the growth of the global market.

Trends For High Erucic Acid Rapeseed Oil Market

Growing Need for Biobased Additives and Lubricants in Industry

Because of its excellent thermal stability and lubricating qualities, high erucic acid rapeseed oil is being employed more and more in the production of slip agents, plasticizers, and bio-lubricants. In the chemical, polymer, and cosmetic industries, HEAR oil is becoming more popular as a renewable substitute for petroleum-based derivatives as industry move toward sustainable and environmentally friendly inputs.

Expanding Utilization in Nutraceutical and Specialty Food Use

Despite being mostly used in industry, HEAR oil's fatty acid content is also finding niche uses in functional foods and dietary supplements. The market for food-grade HEAR oil is expanding slowly but steadily due to growing consumer awareness of heart health and plant-based omega-rich oils.

Impact of the COVID-19 Pandemic on the High Erucic Acid Rapeseed Oil Market:

Covid 19 has had a significant impact on the high erucic acid rapeseed oil market. The pandemic led to disruptions in supply chains due to lockdowns, restrictions on movement, and labor shortages. These disruptions could have affected the production, processing, and distribution of HEAR oil, leading to shortages or delays in the market.

What is High Erucic Acid Rapeseed Oil?

High erucic acid rapeseed (HEAR) is a specialty rapeseed selected for its high erucic content. It has over 50% erucic acid and is grown as a key ingredient for plastics, personal care products, and pharmaceuticals. In addition, the high erucic acid content of rapeseed oil made it an excellent lubricating oil for marine engines. This is used in plastics, lubricants, lacquers, and detergents. Industrial rapeseed oil is used in the automotive and chemical industries.

Check out Market Research Intellect's Rapeseed Meal Market Report, valued at USD 15.5 billion in 2024, with a projected growth to USD 22.3 billion by 2033 at a CAGR of 5.1% (2026-2033).

Rapeseed Oil Market Outlook

The global rapeseed oil market size in 2023 was valued at approximately USD 29 billion, with forecasts suggesting it will reach around USD 42 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.2% during the forecast period. This growth is driven by increasing demand for healthier edible oils and the growing awareness of rapeseed oil's benefits, such as its heart-friendly profile, low levels of saturated fat, and high levels of omega-3 fatty acids. The market is witnessing significant traction due to these health benefits, coupled with a rising trend towards sustainable and eco-friendly biofuels, in which rapeseed oil plays a crucial role.

One primary growth driver for the rapeseed oil market is its expanding application in the food industry. As consumers globally become more health-conscious, there is a higher demand for oils with low saturated fat content. Rapeseed oil, often considered a healthier option compared to other cooking oils, fits this demand perfectly. Its versatility in cooking, from sautéing to baking, enhances its desirability among consumers. Additionally, the culinary industry's shift towards incorporating more plant-based ingredients has amplified the demand for rapeseed oil as a key ingredient in vegan recipes and processed foods, further propelling market growth.

Another significant factor contributing to the market's expansion is the increased use of rapeseed oil in the production of biofuels. As global energy policies shift towards reducing carbon footprints and using more renewable energy sources, rapeseed oil emerges as a viable feedstock for biodiesel production. This shift is particularly prominent in Europe, where stringent environmental regulations have accelerated the adoption of biofuels. As a renewable energy source, rapeseed oil helps mitigate greenhouse gas emissions, presenting a lucrative growth opportunity in the energy sector. This eco-friendly characteristic of rapeseed oil aligns well with global sustainability goals, further enhancing its market potential.

The industrial application of rapeseed oil also contributes to the market's growth. It serves as a raw material in the production of various industrial products such as lubricants, rubber, and plastics. The oil's superior lubricating properties and biodegradable nature make it a preferred choice in manufacturing environmentally friendly industrial goods. Moreover, the rising demand for biodegradable and non-toxic industrial products is poised to boost the utilization of rapeseed oil in industrial applications. As industries continue to prioritize sustainability, rapeseed oil's role as a bio-based industrial input is expected to expand, driving market growth.

Regionally, Europe dominates the rapeseed oil market, accounting for the largest market share in 2023. The region's dominance is attributable to its substantial rapeseed production and consumption, driven by strong demand for both edible and biofuel applications. The European market is expected to maintain a steady growth rate, with a CAGR of around 3.8% through 2032. In contrast, the Asia Pacific region is anticipated to exhibit the highest growth rate, driven by increasing consumption in countries like China and India, where culinary habits are evolving towards healthier oils. North America and Latin America are also witnessing moderate growth, propelled by the expanding food and biofuel industries.

Product Type Analysis

In the realm of product types, refined rapeseed oil holds a significant share of the market, driven by its wide range of applications in both domestic and commercial cooking. Refined rapeseed oil undergoes an extensive purification process, removing impurities and enhancing its quality for consumption. This type of oil is preferred in the food industry for its neutral flavor, high smoke point, and nutritional benefits, making it ideal for frying and baking. Furthermore, its long shelf life and cost-effective nature compared to other edible oils bolster its demand among consumers and food service providers, contributing to its prominent position in the market.

Virgin rapeseed oil, though a smaller segment compared to refined oil, also plays a vital role in the market. This type of oil is extracted without the use of chemicals, preserving more of its natural flavor and nutritional content. Virgin rapeseed oil is gaining popularity among health-conscious consumers who prefer organic and minimally processed food products. The rising trend of organic foods and clean-label products is expected to drive the demand for virgin

The EU rapeseed oil market soared to $11.7B in 2024, rising by 37% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $21.9B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The global oilseed rape seed market is experiencing robust growth, driven by increasing demand for vegetable oils and biofuels. The market, estimated at $15 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033, reaching approximately $22 billion by 2033. This growth is fueled by several factors. Rising global populations and changing dietary habits are increasing the demand for vegetable oils used in food processing and cooking. Simultaneously, the growing awareness of climate change and the need for sustainable energy sources is driving the adoption of biofuels derived from oilseed rape, further bolstering market expansion. Key players like Syngenta, Bayer, and Monsanto are investing heavily in research and development to improve seed yield and quality, contributing to market growth. However, factors like fluctuating oil prices, weather conditions impacting crop yields, and the availability of alternative biofuel sources act as restraints on market expansion. Market segmentation reveals that the food application segment currently holds the largest market share, followed by the biofuel segment, which is projected to exhibit significant growth in the coming years. Regional analysis shows that Europe, particularly the UK, Germany, and France, currently holds a dominant market share due to favorable climatic conditions and established agricultural practices. However, the Asia-Pacific region, with its large and growing population, is anticipated to show rapid growth in the future. The oilseed rape seed market’s future trajectory will be shaped by government policies promoting biofuel production, advancements in agricultural technologies leading to improved seed varieties and yields, and the consumer demand for sustainable and healthy food products. Companies are focusing on developing genetically modified (GM) seeds to enhance resistance to pests and diseases and improve overall productivity. The development of drought-resistant varieties is another key area of focus, mitigating the impact of climate change on crop yields. Strategic partnerships and mergers and acquisitions among key players are likely to reshape the competitive landscape. Furthermore, the market will be impacted by factors like trade policies, global economic conditions, and fluctuating commodity prices. Overall, the oilseed rape seed market presents significant opportunities for growth and investment, although careful consideration of the challenges and market uncertainties is crucial for long-term success.

According to Cognitive Market Research, the global Rapeseed Methyl Ester market size will be USD 1324.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 529.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 397.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 304.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 66.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 26.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.
The Pure RME (B100) Type held the highest Rapeseed Methyl Ester market revenue share in 2024.

Market Dynamics of Rapeseed Methyl Ester Market

Key Drivers for Rapeseed Methyl Ester Market

Increasing Government subsidies and incentives for renewable energy sources to Increase the Demand Globally

Increasing government subsidies and incentives for renewable energy sources are driving the Rapeseed Methyl Ester (RME) Market by making RME more economically viable and attractive for both producers and consumers. These financial supports, such as tax credits, grants, and favorable regulations, lower the production costs of RME and make it competitive with traditional fossil fuels. Additionally, incentives encourage investment in RME production facilities and infrastructure, boosting supply. By promoting the use of RME, governments aim to reduce greenhouse gas emissions and enhance energy security, aligning with broader environmental and energy goals. This support accelerates the adoption of RME, contributing to its growth in the biofuel market.

Increasing regulations and policies to Propel Market Growth

Increasing regulations and policies aimed at reducing greenhouse gas emissions and promoting sustainable energy sources are driving the Rapeseed Methyl Ester (RME) Market. Governments worldwide are implementing stricter environmental regulations, which mandate the use of cleaner, renewable fuels to combat climate change and reduce reliance on fossil fuels. RME, a biodiesel derived from rapeseed oil, fits well within these regulatory frameworks as a low-emission alternative to conventional diesel. Policies such as renewable energy mandates, carbon pricing, and biofuel blending requirements incentivize the use of RME, leading to higher demand. These regulations not only foster a more sustainable energy sector but also stimulate investments in RME production and infrastructure, driving market growth.

Restraint Factor for the Rapeseed Methyl Ester Market

High Production Costs to Limit the Sales

High production costs are restraining the Rapeseed Methyl Ester (RME) Market by making it less competitive compared to traditional fossil fuels and other biofuels. The production of RME involves expensive raw materials, primarily rapeseed oil, and complex processing technologies. These costs can be exacerbated by fluctuations in agricultural yields, which impact the price of rapeseed. Additionally, the need for specialized infrastructure and equipment further increases expenses. High production costs can lead to higher prices for RME, potentially deterring consumers and businesses from adopting it. This economic challenge makes it difficult for RME to compete on price with established energy sources, hindering its market expansion and limiting its growth potential.

Impact of Covid-19 on the Rapeseed Methyl Ester Market

The COVID-19 pandemic impacted the Rapeseed Methyl Ester (RME) Market by disrupting supply chains and reducing demand for biofuels. Lockdowns and economic slowdowns led to decreased transportation activity, which lowered the demand for diesel and, consequently, for RME. Supply chain disruptions affected the availability of raw materials and processing capabilities, leading to production delays and increased costs. However, the pandemic als...

Global Rapeseed Oil market size is expected to reach $34.15 billion by 2029 at 5.5%, growing biodiesel demand fuels expansion in rapeseed oil market

Rapeseed Seed Market Outlook

The global rapeseed seed market size is projected to expand significantly, from USD 12.3 billion in 2023 to an estimated USD 18.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5%. This positive trajectory is largely fueled by the increasing demand for rapeseed oil, a versatile ingredient used in food processing, biofuel production, and various industrial applications. The heightened awareness of rapeseed’s health benefits, such as its rich composition of omega-3 and omega-6 fatty acids, is driving its incorporation into a wide array of products, thereby bolstering market growth. Additionally, advancements in seed technology and the development of high-yield, disease-resistant varieties are enhancing rapeseed productivity, further propelling the market forward.

One of the key growth factors for the rapeseed seed market is the increasing adoption of biofuels globally. As governments and industries worldwide strive to reduce their carbon footprint and transition to sustainable energy sources, rapeseed-derived biofuels have emerged as a viable alternative. Rapeseed oil, with its favorable fatty acid profile, is a preferred raw material for biodiesel production. The European Union, in particular, has been at the forefront of biodiesel production, advocating for the use of rapeseed oil as a sustainable feedstock. This focus on renewable energy is set to drive the demand for rapeseed seeds, encouraging farmers to adopt high-yield and disease-resistant varieties to meet the escalating needs of the biofuel industry.

Another significant growth factor is the expanding application of rapeseed in the animal feed industry. As the livestock sector grows to meet the nutritional demands of a burgeoning global population, the need for high-protein feed ingredients like rapeseed meal is on the rise. Rapeseed meal, a byproduct of oil extraction, is rich in protein and is increasingly used as a cost-effective alternative to soybean meal in animal diets. The rising awareness of the nutritional benefits of rapeseed meal, coupled with its affordability, is encouraging livestock producers to integrate it into feed formulations, thereby driving the demand for rapeseed seeds.

The food processing industry is also playing a pivotal role in the growth of the rapeseed seed market. The growing consumer inclination towards healthier cooking oils has propelled the demand for rapeseed oil, known for its low saturated fat content and heart health benefits. Furthermore, the versatility of rapeseed oil in culinary applications, from dressing salads to deep frying, has made it a staple in both home kitchens and the foodservice industry. This demand surge is encouraging producers to invest in advanced breeding programs to develop high-quality rapeseed varieties, ensuring the supply meets the growing consumer and industrial needs.

Product Type Analysis

The rapeseed seed market is segmented into hybrid and open-pollinated varieties, each offering distinct advantages that cater to different agricultural needs. Hybrid varieties are engineered to enhance yield and resilience, which is crucial in addressing the challenges posed by climate change and pest resistance. These seeds are developed through controlled pollination techniques, resulting in plants that exhibit superior traits such as higher yield potential, increased oil content, and improved disease resistance. Farmers are increasingly opting for hybrid rapeseed seeds due to their ability to provide more consistent and reliable harvests, which can significantly boost profitability compared to traditional varieties. The adoption of hybrid seeds is particularly prevalent in regions with intensive farming practices, where maximizing output per acre is a key priority.

Open-pollinated varieties of rapeseed seeds, on the other hand, are cherished for their genetic diversity and adaptability to various climatic conditions. These varieties are naturally pollinated, and their seeds can be saved and replanted, which is economically beneficial for smallholder farmers who may not have the resources to purchase new seeds annually. Open-pollinated seeds also play an essential role in maintaining genetic variation within the rapeseed species, which is vital for breeding programs aimed at developing new varieties that can withstand emerging agricultural challenges. There is a growing interest in preserving these varieties as part of efforts to enhance food security and ensure sustainable agricultural practices.

The choice between hybrid and open-pollinated varieties depends largely on the specific needs and capabi