![Australia - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/australia-crude-rape-colza-or-mustard-oil-market-analysis-forecast-size-trends-and-insights.webp)
Australia - Crude Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCrude Rapeseed Oil Price in Australia - 2023
Contents:
- Crude Rapeseed Oil Price in Australia (FOB) - 2023
- Crude Rapeseed Oil Price in Australia (CIF) - 2022
- Crude Rapeseed Oil Exports in Australia
- Crude Rapeseed Oil Imports in Australia
Crude Rapeseed Oil Price in Australia (FOB) - 2023
In July 2023, the average crude rapeseed oil export price amounted to $1,310 per ton, surging by 32% against the previous month. Overall, the export price, however, recorded a mild decrease. The export price peaked at $2,141 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was New Zealand ($1,810 per ton), while the average price for exports to South Korea ($896 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+2.5%), while the prices for the other major destinations experienced a decline.
Crude Rapeseed Oil Price in Australia (CIF) - 2022
The average crude rapeseed oil import price stood at $2,516 per ton in 2022, rising by 93% against the previous year. Over the period under review, the import price, however, recorded a deep slump. Over the period under review, average import prices hit record highs at $9,159 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($2,791 per ton) and China ($2,562 per ton), while the price for Italy ($2,130 per ton) and Austria ($2,464 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.0%), while the prices for the other major suppliers experienced a decline.
Crude Rapeseed Oil Exports in Australia
In 2022, approx. 90K tons of crude rape, colza or mustard oil were exported from Australia; remaining relatively unchanged against the year before. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 90K tons, leveling off in the following year.
In value terms, crude rapeseed oil exports skyrocketed to $161M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 107%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Crude Rapeseed Oil in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | N/A | N/A | 0.3 | 23.9 | 7866.7% |
South Korea | N/A | N/A | N/A | 23.8 | 0% |
Malaysia | N/A | N/A | N/A | 15.6 | 0% |
New Zealand | N/A | N/A | N/A | 14.0 | 0% |
China | 0.1 | 0.1 | 0.1 | 6.0 | 291.5% |
Vietnam | N/A | N/A | N/A | 3.1 | 0% |
Japan | N/A | N/A | N/A | 1.8 | 0% |
Others | 67.4 | 54.9 | 113 | 72.6 | 2.5% |
Total | 67.5 | 55.0 | 114 | 161 | 33.6% |
Top Export Markets for Crude Rapeseed Oil from Australia in 2022:
- Taiwan (Chinese) (12.2K tons)
- South Korea (12.0K tons)
- New Zealand (8.7K tons)
- Malaysia (8.1K tons)
- China (2.5K tons)
- Vietnam (1.6K tons)
- Japan (1.0K tons)
Crude Rapeseed Oil Imports in Australia
In 2022, purchases abroad of crude rape, colza or mustard oil decreased by -80.2% to 132 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 244%. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, crude rapeseed oil imports contracted sharply to $333K in 2022. In general, imports recorded a sharp contraction. The growth pace was the most rapid in 2020 with an increase of 272%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Crude Rapeseed Oil in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | N/A | N/A | N/A | 166 | 0% |
India | N/A | 1.4 | 8.8 | 115 | 806.3% |
Italy | N/A | N/A | 51.7 | 44.0 | -14.9% |
China | N/A | N/A | 9.5 | 7.7 | -18.9% |
Russia | N/A | 1,901 | N/A | N/A | 0% |
New Zealand | 635 | 135 | 757 | N/A | 9.2% |
Germany | 276 | N/A | 44.6 | N/A | -59.8% |
United Kingdom | N/A | 669 | N/A | N/A | 0% |
France | N/A | 683 | N/A | N/A | 0% |
Others | 1.1 | N/A | N/A | N/A | 0% |
Total | 912 | 3,390 | 872 | 333 | -28.5% |
Top Suppliers of Crude Rapeseed Oil to Australia in 2022:
- Austria (67.5 tons)
- India (41.1 tons)
- Italy (20.7 tons)
- China (3.0 tons)
This report provides an in-depth analysis of the crude rapeseed oil market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 271 - Oil of Rapeseed or Canola oil
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the crude rapeseed oil market in Australia.
This report provides an in-depth analysis of the rapeseed oil market in Australia.
This report provides an in-depth analysis of the refined rapeseed oil market in Australia.
This report provides an in-depth analysis of the global crude rapeseed oil market.
This report provides an in-depth analysis of the global rapeseed oil market.
This report provides an in-depth analysis of the global refined rapeseed oil market.
This report provides an in-depth analysis of the crude rapeseed oil market in Australia.
This report provides an in-depth analysis of the rapeseed oil market in Australia.
This report provides an in-depth analysis of the refined rapeseed oil market in Australia.
This report provides an in-depth analysis of the global crude rapeseed oil market.
During the review period, exports of Crude Rapeseed Oil reached record highs in 2023 and are projected to continue growing steadily. However, in 2023, the value of crude rapeseed oil exports notably decreased to $117M.
In August 2023, the exports of Rapeseed Oil reached their highest point. In terms of value, Rapeseed Oil exports surged to $27M.
Discover the world's leading import markets for crude rapeseed oil based on import value in 2023. Learn about the key countries driving global trade in this popular vegetable oil.
Discover the top import markets for rapeseed oil based on key statistics and data from the IndexBox market intelligence platform.
Global rapeseed oil consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global rapeseed oil exports amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global rapeseed oil imports amounted to X thousand tons in 2015, leveling off at the previous year level.
In 2015, the countries with the highest levels of production were China (X thousand tons), Germany (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
Discover the top import markets for refined rapeseed oil and their key statistics. Learn about the countries with the highest import values, such as the United States, Netherlands, and Belgium.
During the review period, exports of Crude Rapeseed Oil reached record highs in 2023 and are projected to continue growing steadily. However, in 2023, the value of crude rapeseed oil exports notably decreased to $117M.