Rapeseed Oil Price Trend, Prices, Chart, Demand and Analysis


In 2023, the global rapeseed oil market size reached $35.9 billion. The IMARC Group projects the market to grow to $54.9 billion by 2032, with a projected compound annual growth rate (CAGR) of 4.7% from 2023 to 2032.

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The latest report by IMARC, titled "Rapeseed Oil Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of Rapeseed Oil prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Rapeseed Oil Prices December 2023:

  • India: 1127 USD/MT

 

Report Offering:

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The study delves into the factors affecting Rapeseed Oil price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

 

Request For a Sample Copy of the Report:   https://www.imarcgroup.com/rapeseed-oil-pricing-report/requestsample

 

Rapeseed Oil Price Trend- Q4 2023

The rapeseed oil market is influenced by the increasing consumer awareness regarding the health benefits of rapeseed oil, such as its high levels of unsaturated fats and omega-3 fatty acids, is boosting its popularity as a healthier alternative to other cooking oils. Additionally, the expanding food industry, particularly in regions such as North America and Europe, is driving the demand for rapeseed oil as a versatile ingredient in various food products, including sauces, dressings, and baked goods. Moreover, the rise in demand for biofuels as a sustainable energy source is propelling the growth of the rapeseed oil market, as it is one of the primary feedstocks for biodiesel production. Furthermore, favorable government policies and subsidies supporting the cultivation of rapeseed for both food and fuel purposes are contributing to market expansion.

The global rapeseed oil market size reached US$ 35.9 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 54.9 Billion, at a projected CAGR of 4.7% during 2023-2032. Throughout the fourth quarter of 2023 in North America, the trajectory of rapeseed oil prices followed the market trend observed in the European region. Initially, commencing from October 2023, prices saw a downturn due to reduced purchasing activity and ample availability within the domestic market. Despite being a cost-effective choice, the decline in prices of other edible oils, such as Sunflower oil, intensified competition, keeping rapeseed oil prices suppressed. This pattern persisted until the latter weeks of December, when prices began to rebound moderately in the midst of the fourth quarter. Whereas, throughout the fourth quarter of 2023 in the APAC region, numerous factors played a pivotal role in shaping the rapeseed oil market and influencing price fluctuations. In October 2023, rapeseed oil prices witnessed an upward trajectory in the Indian market, fueled by heightened demand during the festival season, which typically spans from September to November. This rise in demand, customary during festivals, led to increased downstream purchasing activity from retailers and suppliers to manufacturers.

Rapeseed oil pricing in the European region experienced volatility throughout the fourth quarter of 2023, influenced by various factors. Initially, Germany observed a notable decline in prices, primarily driven by reduced regional consumption. Domestic consumers hesitated to accept higher prices, partly due to the appreciation of the euro against the USD. Economic conditions and the increased availability of alternative edible oils affected the demand for rapeseed oil from major importers. Conversely, November 2023 witnessed a significant uptick in rapeseed oil prices, characterized by a complex scenario involving slowing input cost inflation, stabilization in exchange rates, alleviation of output cost inflation, and a positive outlook amid growing new orders.

 

Browse Full Report:   https://imarcgroup.com/rapeseed-oil-pricing-report

 

Key Points Covered in the Rapeseed Oil Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Rapeseed Oil Prices
  • Rapeseed Oil Price Trend
  • Rapeseed Oil Demand Supply
  • Rapeseed Oil Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Rapeseed Oil Price Analysis
  • Rapeseed Oil Industry Drivers, Restraints, and Opportunities
  • Rapeseed Oil News and Recent developments
  • Global Event Analysis
  • List of Key Players

 

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

Browse More Pricing Reports by IMARC Group:

 

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

 

About Us:

IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

 

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