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Rapeseed Oil Pricing, Demand and Supply Overview

Rapeseed Oil prices in Germany, the highest-cost reporting region, rose 4.2% in Q2 2026 to USD 1,250.00/MT from USD 1,200.00/MT in Q1, extending a steady climb that has persisted through every quarter tracked in this report. Canadian canola oil prices rose 3.7% to USD 1,110.00/MT, tracking firm export demand and tightening North American supply. Globally, the average rose from USD 1,134.20/MT in Q1 to USD 1,177.00/MT in Q2, a 3.8% gain, following a jump of 5.9% in Q1 as tighter global vegetable oil supply and firm biodiesel demand pushed prices higher across every region tracked here. For H2 2026, a global average of USD 1,000.00-1,300.00/MT is expected, with steady food processing and biodiesel demand likely to keep this market firm.

Rapeseed Oil, also known as canola oil in North America where it is produced from a low-erucic-acid cultivar, is an edible vegetable oil extracted from the seeds of the rapeseed plant through mechanical pressing and solvent extraction. It serves widespread applications in food processing and cooking oil markets, biodiesel and renewable diesel production, and animal feed supplementation through the protein-rich meal byproduct. The European Union and Canada together account for the large majority of global production and export volumes, with China and India representing major import-dependent consuming markets. Demand for this market tracks the broader vegetable oil complex closely, alongside renewable fuel policy mandates that have structurally increased biodiesel-linked consumption in recent years. Rapeseed and canola seed feedstock costs, biodiesel and renewable fuel demand, and global vegetable oil complex pricing are what drive prices in this market.

Rapeseed Oil Price Forecast for 2026

The outlook for Rapeseed Oil through H2 2026 stays firm, tracking steady food processing demand alongside structurally elevated biodiesel and renewable fuel consumption tied to expanding renewable fuel policy mandates across major consuming regions. Tighter global vegetable oil supply, alongside firm demand from both edible oil and biofuel applications, should continue supporting consumption across every region tracked in this report.

The main upside risk is a weather-related disruption to European or Canadian rapeseed and canola harvests, which could tighten supply further and push prices higher than currently forecast. The main downside risk is a larger-than-expected global harvest combined with softer biodiesel demand, which could ease the current firming trend.

Region 2026 Price Range (USD/MT) Outlook
Global Average 1,000.00 - 1,300.00 Steady food processing and biodiesel demand keeps this market firm
Germany 1,150.00 - 1,320.00 Strong European biodiesel demand sustains the highest price
Canada 1,020.00 - 1,180.00 Firm export demand supports continued firmness
India 1,080.00 - 1,240.00 Growing food processing demand drives continued gains
China 1,060.00 - 1,220.00 Steady import demand keeps this the most affordable market

For the Quarter Ending June 2026

Rapeseed Oil Prices Q2 2026:

  • Germany: USD 1,250.00/MT
  • Canada: USD 1,110.00/MT
  • India: USD 1,180.00/MT
  • China: USD 1,160.00/MT

Rapeseed Oil Prices in Germany

German Rapeseed Oil prices averaged USD 1,250.00/MT in Q2 2026, the highest of any region tracked here, up 4.2% from USD 1,200.00/MT in Q1, as strong European biodiesel demand continued sustaining this market's premium.

Why did the price of Rapeseed Oil change in Q2 2026 in Germany?

Strong demand from European biodiesel and renewable diesel producers, tied to expanding renewable fuel policy mandates, continued keeping this market at the top of the range tracked in this report.

Rapeseed Oil Prices in Canada

Canadian canola oil prices averaged USD 1,110.00/MT in Q2 2026, up 3.7% from USD 1,070.00/MT in Q1, as firm export demand continued supporting this market.

Why did the price of Rapeseed Oil change in Q2 2026 in Canada?

Firm export demand from major importing regions, combined with tightening North American supply conditions, continued supporting price gains through the quarter.

Rapeseed Oil Prices in India

Indian prices averaged USD 1,180.00/MT in Q2 2026, up 3.5% from USD 1,140.00/MT in Q1, as growing food processing demand continued driving gains.

Why did the price of Rapeseed Oil change in Q2 2026 in India?

Continued growth in demand from India's expanding food processing and edible oil manufacturing sector kept buyers competing for available supply.

Rapeseed Oil Prices in China

Chinese prices, the lowest of the four regions, averaged USD 1,160.00/MT in Q2 2026, up 3.6% from USD 1,120.00/MT in Q1, as steady import demand continued keeping this market comparatively affordable.

Why did the price of Rapeseed Oil change in Q2 2026 in China?

Steady import demand from China's substantial food processing sector continued keeping this market on a firm upward trajectory, even as it remained the most affordable tracked in this report.

For the Quarter Ending March 2026

Rapeseed Oil Prices Q1 2026:

  • Germany: USD 1,200.00/MT
  • Canada: USD 1,070.00/MT
  • India: USD 1,140.00/MT
  • China: USD 1,120.00/MT

Rapeseed Oil Prices in Germany

German prices rose 6.2% in Q1 2026 to USD 1,200.00/MT from USD 1,130.00/MT in Q4 2025, tracking tighter global vegetable oil supply and firm biodiesel demand.

Why did the price of Rapeseed Oil change in Q1 2026 in Germany?

Tighter global vegetable oil supply, combined with firm demand from European biodiesel and renewable diesel producers, continued pushing prices higher through the quarter, extending this market's structural premium.

Rapeseed Oil Prices in Canada

Canadian prices rose 5.9% in Q1 2026 to USD 1,070.00/MT from USD 1,010.00/MT in Q4 2025, tracking firm export demand.

Why did the price of Rapeseed Oil change in Q1 2026 in Canada?

Firm export demand, tied to steady global vegetable oil complex pricing, combined with tightening North American supply conditions to support continued price gains.

Rapeseed Oil Prices in India

Indian prices rose 5.6% in Q1 2026 to USD 1,140.00/MT from USD 1,080.00/MT in Q4 2025, tracking the broader global tightening trend.

Why did the price of Rapeseed Oil change in Q1 2026 in India?

Rising global vegetable oil complex costs, combined with steady growth in domestic food processing demand, pushed Indian rapeseed oil prices higher through the quarter.

Rapeseed Oil Prices in China

Chinese prices rose 5.7% in Q1 2026 to USD 1,120.00/MT from USD 1,060.00/MT in Q4 2025, tracking the broader global vegetable oil complex firming trend.

Why did the price of Rapeseed Oil change in Q1 2026 in China?

Tighter global vegetable oil supply fed through to Chinese import pricing, even as this market's substantial food processing sector demand kept the pace of the increase comparatively moderate relative to European biodiesel-linked gains.

Quarterly Rapeseed Oil Price Trends

Global Rapeseed Oil prices firmed steadily through every quarter tracked in this report, driven by tighter global vegetable oil supply and firm biodiesel and renewable fuel demand tied to expanding policy mandates, with the pace of gains accelerating notably in Q1 2026 as supply conditions tightened further across every region tracked here.

Quarter Price (USD/MT) QoQ Change Direction
Q2 2026 1,177.00 +3.8% ↑ Rising
Q1 2026 1,134.20 +5.9% ↑ Rising
Q4 2025 1,071.40 +2.2% ↑ Rising
Q3 2025 1,048.60 +1.9% ↑ Rising
Q2 2025 1,028.60 - - Stable
Q3 2026 In Progress - - In Progress

What was Rapeseed Oil Price in 2025?

Rapeseed Oil firmed steadily across every market covered in this report through 2025, tracking gradually tightening global vegetable oil supply alongside firm food processing and biodiesel demand, with Germany posting the strongest annual gain of the four regions given its structural biodiesel-linked demand base.

Rapeseed Oil Prices in Germany in 2025

German prices firmed from about USD 1,050.00/MT in Q1 2025 to USD 1,130.00/MT by Q4, a gain of roughly 7.6%, the strongest annual increase of the four regions.

Rapeseed Oil Prices in Canada in 2025

Canadian prices firmed from about USD 950.00/MT in Q1 2025 to USD 1,010.00/MT by Q4, up roughly 6.3%, the smallest annual increase of the four regions.

Rapeseed Oil Prices in India in 2025

Indian prices firmed from about USD 1,020.00/MT in Q1 2025 to USD 1,080.00/MT by Q4, a gain of roughly 5.9%, tracking growing food processing demand.

Rapeseed Oil Prices in China in 2025

Chinese prices firmed from about USD 1,000.00/MT in Q1 2025 to USD 1,060.00/MT by Q4, up roughly 6.0%, tracking the broader global vegetable oil complex firming trend.

How We Can Help

Expert Market Research: Your Source for Real-Time Rapeseed Oil Price Intelligence

Expert Market Research tracks Rapeseed Oil prices continuously across every major producing and consuming region, combining rapeseed and canola seed feedstock cost data, biodiesel and renewable fuel demand signals, and global vegetable oil complex pricing trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the firming trends covered in this report, and build a defensible view of where this essential edible and biofuel oil is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Frequently Asked Questions About This Report

It serves widespread applications in food processing and cooking oil markets, biodiesel and renewable diesel production, and animal feed supplementation through the protein-rich meal byproduct.

The Q2 2026 global average was USD 1,177.00/MT, ranging from USD 1,110.00/MT in Canada to USD 1,250.00/MT in Germany.

The global average rose from USD 1,071.40/MT in Q4 2025 to USD 1,134.20/MT in Q1 2026, a 5.9% jump, and then to USD 1,177.00/MT in Q2, tracking tighter global vegetable oil supply and firm biodiesel demand.

Canola oil is a low-erucic-acid cultivar of rapeseed developed primarily in Canada, while rapeseed oil more broadly can include higher-erucic-acid varieties used in industrial applications, though for food and biodiesel purposes the two terms are often used interchangeably.

The global average is expected in the USD 1,000.00-1,300.00/MT range, with steady food processing and biodiesel demand likely to keep this market firm.

Canada holds the lowest cost among the regions tracked here, while Germany carries the highest cost given strong European biodiesel demand.

This report is updated monthly. For real-time pricing intelligence, connect with the Expert Market Research team.

Rapeseed and canola seed feedstock costs, biodiesel and renewable fuel demand, and global vegetable oil complex pricing.

The European Union and Canada together account for the large majority of global production and export volumes, with China and India representing major import-dependent consuming markets.

Buyers can monitor European and Canadian harvest conditions and renewable fuel policy mandates given their outsized influence on this market, time forward purchases around the quarterly breakdowns in this report, and benchmark supplier quotes against the tracked price ranges.

This is a collaborative report by Neha Gawande, Rakesh Nandi and Siddharth David reflecting perspectives and research-driven insights from Expert Market Research.

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