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

𝗥𝗮𝗽𝗲𝘀𝗲𝗲𝗱 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮

• 𝗜𝗻𝗱𝗶𝗮: 1431 USD/MT

During the second quarter of 2024, the rapeseed oil prices in India reached 1431 USD/MT in June.

The latest IMARC Group report, "𝗥𝗮𝗽𝗲𝘀𝗲𝗲𝗱 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀, 𝗧𝗿𝗲𝗻𝗱, 𝗖𝗵𝗮𝗿𝘁, 𝗗𝗲𝗺𝗮𝗻𝗱, 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗡𝗲𝘄𝘀, 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗗𝗮𝘁𝗮 𝗥𝗲𝗽𝗼𝗿𝘁 𝟮𝟬𝟮𝟰 𝗘𝗱𝗶𝘁𝗶𝗼𝗻," presents a detailed analysis of rapeseed oil price trends, offering key insights into global market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market. The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines rapeseed oil demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

For strategic planning, the report provides price forecasts, allowing businesses to anticipate price shifts and make informed decisions about procurement and investment. The forecast draws on historical data, market trends, and key economic indicators, ensuring a reliable outlook for stakeholders. Additionally, the inclusion of the price index offers a broader view of market performance over time, providing a valuable benchmark for evaluating market trends. With these insights, the report equips industry stakeholders with the tools needed to navigate the complex global market and optimize their strategies in response to evolving conditions.

𝗥𝗮𝗽𝗲𝘀𝗲𝗲𝗱 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲𝘀 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗚𝗲𝗿𝗺𝗮𝗻𝘆: 1049 USD/MT

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

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

The study examines the key factors driving rapeseed oil price variations, focusing on shifts in raw material costs, the balance between supply and demand, and the impact of geopolitical influences. It also considers sector-specific developments that play a critical role in shaping market prices. By analysing these elements, the report offers valuable insights into the underlying causes of price fluctuations, helping businesses and investors understand market behaviour more effectively.

In addition, the report provides the latest market updates, ensuring stakeholders are informed about recent fluctuations, regulatory changes, and technological advancements. This comprehensive resource equips decision-makers with the necessary tools to enhance their strategic planning and improve forecasting accuracy. Through this analysis, the report becomes an indispensable asset for anyone looking to navigate the complexities of the rapeseed oil market and optimize future strategies.

𝗥𝗮𝗽𝗲𝘀𝗲𝗲𝗱 𝗢𝗶𝗹 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱

Rapeseed oil, derived from the seeds of the Brassica napus plant, is widely used for both cooking and industrial applications due to its high nutritional content and versatile properties. Known for its heart-healthy omega-3 fatty acids and low levels of saturated fats, rapeseed oil is favored in food preparation, biofuels, and as an ingredient in various non-food products. The global rapeseed oil market is driven by the rising demand for plant-based oils in the food industry and growing consumer awareness of health benefits.

Increasing use of rapeseed oil in biodiesel production also significantly fuels market growth, as governments emphasize renewable energy sources. Furthermore, advancements in oil extraction techniques and a focus on sustainable agriculture practices are enhancing production efficiency. Key market trends include the shift toward organic rapeseed oil and the expansion of rapeseed oil applications across various industrial sectors, reflecting evolving consumer preferences and sustainability goals.

𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗶𝗻𝗴 𝗥𝗮𝗽𝗲𝘀𝗲𝗲𝗱 𝗢𝗶𝗹 𝗽𝗿𝗶𝗰𝗲𝘀 𝗶𝗻 𝗤𝟮 𝟮𝟬𝟮𝟰 𝗯𝘆 𝗿𝗲𝗴𝗶𝗼𝗻:

𝗜𝗻 𝗨𝗦𝗔

In the U.S., the rapeseed oil market exhibited significant fluctuations in the second quarter of 2024. April saw rising prices due to insufficient inventory and strong regional demand, though lower freight costs somewhat eased supplier challenges. By May, prices dropped substantially due to declining international demand and competition from alternative oils, resulting in reduced procurement and increased inventories. However, by June, prices rebounded sharply, driven by renewed global demand, supply constraints, and heightened activity in the food and biodiesel sectors.

𝗜𝗻 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰

The Asia Pacific region saw notable price increases for rapeseed oil in Q2 2024, fueled by adverse weather and supply chain disruptions. Crop yields were affected by unseasonal rainfall and heatwaves, while rising demand from the biodiesel and food industries exerted further pressure on prices. Geopolitical tensions and trade disruptions exacerbated supply constraints, with India experiencing the sharpest price hikes due to increased domestic consumption and reduced production. Overall, the region's rapeseed oil market faced sustained upward price pressure throughout the quarter.

𝗜𝗻 𝗘𝘂𝗿𝗼𝗽𝗲

In Europe, rapeseed oil prices followed a distinct upward trend during Q2 2024, with Germany experiencing the most significant increases. Seasonal challenges, such as unfavorable weather impacting harvesting and planting, contributed to price volatility. Supply shortages, coupled with geopolitical uncertainties and higher freight costs, further intensified the market pressures. Strong demand from the food and biodiesel sectors also played a pivotal role in driving prices up, alongside the appreciation of other vegetable oils. The pricing environment in Germany remained positive, ending the quarter on a strong note.

𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗔𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22717&flag=C

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

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

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼: (D) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.