Russian Federation: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in the Russian Federation

In 2022, the Russian rape and colza seed market increased by X% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption continues to indicate a prominent increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Production of Rape Or Colza Seed in the Russian Federation

In value terms, rape and colza seed production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of rape or colza seed in Russia expanded modestly to X tons per ha in 2022, surging by X% against the previous year's figure. In general, the yield indicated a prominent increase from 2012 to 2022: its figure 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 yield decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the average rape and colza seed yield reached the maximum level at X tons per ha in 2020; however, from 2021 to 2022, the 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.

In 2022, the total area harvested in terms of rape or colza seed production in Russia dropped to X ha, reducing by X% against the year before. Over the period under review, the total harvested area indicated a perceptible increase from 2012 to 2022: its figure 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 harvested area increased by X% against 2018 indices. The growth pace was the most rapid in 2018 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 peak figure at X ha in 2021, and then reduced in the following year.

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Exports of Rape Or Colza Seed

Exports from the Russian Federation

In 2022, approx. X tons of rape or colza seed were exported from Russia; declining by X% against the year before. In general, exports, however, recorded a moderate expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, rape and colza seed exports shrank significantly to $X in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for rape and colza seed exports from Russia, accounting for a X% share of total exports. Moreover, rape and colza seed exports to China exceeded the volume sent to the second major destination, Kazakhstan (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Germany (X% per year).

In value terms, the largest markets for rape and colza seed exported from Russia were China ($X), Kazakhstan ($X) and Germany ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average rape and colza seed export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, export price indicated a moderate 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 export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rape Or Colza Seed

Imports into the Russian Federation

In 2022, rape and colza seed imports into Russia reduced rapidly to X tons, with a decrease of X% against 2021 figures. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, rape and colza seed imports rose remarkably to $X in 2022. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Kazakhstan (X tons) constituted the largest rape and colza seed supplier to Russia, with a X% share of total imports. Moreover, rape and colza seed imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by Lithuania (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Kazakhstan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Lithuania (X% per year).

In value terms, Germany ($X) constituted the largest supplier of rape or colza seed to Russia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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