EU: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in the EU

In 2022, the EU rape and colza seed market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Rape Or Colza Seed in the EU

In value terms, rape and colza seed production rose remarkably to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Germany (X tons), France (X tons) and Poland (X tons), together comprising X% of total production. The Czech Republic, Romania, Lithuania and Hungary lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Romania (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average rape and colza seed yield in the European Union contracted slightly to X tons per ha, which is down by X% compared with 2021 figures. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the rape and colza seed yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The rape and colza seed harvested area reduced slightly to X ha in 2022, flattening at 2021. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to rape and colza seed production reached the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Rape Or Colza Seed

Exports in the EU

In 2022, overseas shipments of rape or colza seed increased by X% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, rape and colza seed exports skyrocketed to $X in 2022. Total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

The Netherlands (X tons), Belgium (X tons), Romania (X tons) and France (X tons) represented roughly X% of total exports in 2022. Lithuania (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%), Slovakia (X%), the Czech Republic (X%), Poland (X%) and Latvia (X%).

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest rape and colza seed supplying countries in the European Union were Belgium ($X), France ($X) and the Netherlands ($X), with a combined X% share of total exports. Romania, Lithuania, Hungary, the Czech Republic, Poland, Slovakia and Latvia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rape and colza seed export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Belgium ($X per ton) and France ($X per ton), while Slovakia ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Imports of Rape Or Colza Seed

Imports in the EU

In 2022, rape and colza seed imports in the European Union rose sharply to X tons, growing by X% against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, rape and colza seed imports skyrocketed to $X in 2022. In general, imports saw moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany was the major importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Belgium (X tons), the Netherlands (X tons), France (X tons) and Poland (X tons), together mixing up a X% share of total imports. Romania (X tons), the Czech Republic (X tons) and Hungary (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to rape and colza seed imports into Germany stood at X%. At the same time, Romania (X%), Hungary (X%), France (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. The Netherlands and Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of France, Poland and Romania increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported rape or colza seed in the European Union, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rape and colza seed import price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Germany ($X per ton) and the Czech Republic ($X per ton), while the Netherlands ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :