Markets & Statistics

Canola industry: at a glance

MMT = million metric tonnes
Source: Statistics Canada; Canadian Oilseed Processors Association
Updated: February 13, 202
5

wdt_ID (Calendar Year) 2024
1 Seeded area 22 million acres
2 Total production 17.8 MMT
3 Average yield 36.0 bushels/acre
4 Provincial share of production Saskatchewan: 55% of total production
5 Alberta: 29% of total production
6 Manitoba: 16% of total production
7 DOMESTIC PROCESSING
8 Total crush 11.4 MMT
9 Oil produced 4.8 MMT
10 Meal produced 6.6 MMT
11 EXPORTS
12 Seed 8.6 MMT, valued at $5.9 billion
13 Oil 3.5 MMT, valued at $5.9 billion
14 Meal 5.8 MMT, valued at $2.7 billion
15 Total value of exports CAD $14.5 bilion
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17 TOP EXPORT MARKETS
18 U.S. CAD $7.7 billion
19 China CAD $4.9 billion
20 Japan CAD $696 million
21 Mexico CAD $559 million
22 European Union CAD $333 million