• UFOP

Canola oil exports from Canada to EU increased in 2020


Image: UFOP

Canada exported more canola oil in 2020 than in previous years. As usual, the largest volumes went to the U.S. and China, but the EU-27 also reappeared as a buyer.


Canadian canola oil exports reached nearly 3.4 million metric tons in calendar year 2020. This translates to an increase of 7 percent on the previous year and no less than 13 percent compared to the five-year average. The main reason for this growth was rising demand from Chinese importers with demand surging 26 percent to 1.1 million tons compared to 2019. China’s demand, however, fell 5 percent short of the level seen in 2018. The U.S. bought a smaller volume than the previous year but remained the no. 1 recipient country with imports amounting to 1.7 million tons. South Korea, Chile and Mexico were other important purchasers.


At 48,200 tons, the European Community ranked the sixth most important destination. This is remarkable, because the EU had not purchased a single ton of canola oil from Canada in the previous two years. According to Agrarmarkt Informations-Gesellschaft (mbH), the small rapeseed harvest in the EU-27 pushed up interest in buying feedstock and byproducts from non-EU countries. At the same time, attractive world market prices likely motivated Canadian canola oil suppliers to export the commodity.

0 comments
Soybean Processing & Renewable Fuel Consulting
Global Talent Solutions
GZX by GZ Energy LLC
Render magazine
PQ Corporation
Sealless canned motor pump technology
Agriculture for Energy to Grow Hawaii's Economy
Inflectis Digital Marketing for UCO Collectors and Renderers
HERO BX
WWS Trading
Evonik biodiesel catalysts, biobased diesel
Advanced Biofuels, Biobased Diesel
Optimus Technologies
Springboard Biodiesel
Biobased Diesel Daily - biobased-diesel.com
Biobased Diesel Daily - biobased-diesel.com