India: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in India

In 2022, the Indian rape and colza seed market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. The market value 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. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped in the following year.

Production of Rape Or Colza Seed in India

In value terms, rape and colza seed production amounted to $X in 2022 estimated in export price. The total output value 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Rape and colza seed production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of rape or colza seed in India contracted modestly to X tons per ha in 2022, flattening at the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The rape and colza seed yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of rape or colza seed production in India fell modestly to X ha, which is down by X% on the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The rape and colza seed harvested area peaked at X ha in 2021, and then shrank in the following year.

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Exports of Rape Or Colza Seed

Exports from India

In 2022, approx. X tons of rape or colza seed were exported from India; falling by X% against the previous year's figure. Overall, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, rape and colza seed exports dropped markedly to $X in 2022. In general, exports, however, posted a mild expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for rape and colza seed exports from India, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh amounted to X%.

In value terms, Bangladesh ($X) emerged as the key foreign market for rape or colza seed exports from India.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh stood at X%.

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Bangladesh.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to X% per year.

Imports of Rape Or Colza Seed

Imports into India

In 2022, after three years of growth, there was significant decline in overseas purchases of rape or colza seed, when their volume decreased by X% to X kg. Overall, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, rape and colza seed imports declined notably to $X in 2022. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) was the main rape and colza seed supplier to India, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of rape or colza seed to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, import price indicated slight 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 import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to X% per year.

Source: IndexBox Platform

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