Overview of the Global Market for Rape Or Colza Seed

Market Size for Rape Or Colza Seed

In 2022, the global rape and colza seed market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the global market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Rape Or Colza Seed

In value terms, rape and colza seed production reduced slightly to $X in 2022 estimated in export price. In general, production saw buoyant growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Canada (X tons), China (X tons) and India (X tons), together accounting for X% of global production. Australia, Germany, Ukraine, France, Poland, Russia and the United States lagged somewhat behind, together accounting for a further X%.

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

The global average rape and colza seed yield expanded rapidly to X tons per ha in 2022, picking up by X% on 2021. 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the average rape and colza seed yield hit record highs at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a 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 global rape and colza seed harvested area dropped modestly to X ha, with a decrease of X% compared with 2021 figures. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to rape and colza seed production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

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Exports of Rape Or Colza Seed

Exports

In 2022, the amount of rape or colza seed exported worldwide expanded to X tons, picking up by X% compared with the previous year. The total export volume 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 throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the global exports failed to regain momentum.

In value terms, rape and colza seed exports soared to $X in 2022. Over the period under review, total exports indicated a tangible 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Australia (X tons) and Canada (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Ukraine (X tons), the Netherlands (X tons) and Belgium (X tons), together comprising a X% share of total exports. Romania (X tons), France (X tons), Lithuania (X tons), Hungary (X tons), Slovakia (X tons), the Czech Republic (X tons) and Poland (X tons) followed a long way behind the leaders.

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

In value terms, the largest rape and colza seed supplying countries worldwide were Australia ($X), Canada ($X) and Ukraine ($X), together accounting for X% of global exports. Belgium, France, the Netherlands, Romania, Lithuania, Hungary, the Czech Republic, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average rape and colza seed export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated a slight increase 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 most prominent rate of growth was recorded in 2021 an increase of X%. The global export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Ukraine ($X per ton) was 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 global leaders experienced more modest paces of growth.

Imports of Rape Or Colza Seed

Imports

In 2022, global rape and colza seed imports fell slightly to X tons, almost unchanged from the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of global imports failed to regain momentum.

In value terms, rape and colza seed imports soared to $X in 2022. In general, total imports indicated a tangible 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons), distantly followed by Belgium (X tons), Japan (X tons), China (X tons), the Netherlands (X tons) and France (X tons) represented the major importers of rape or colza seed, together committing X% of total imports. Poland (X tons), the United Arab Emirates (X tons), the UK (X tons), Belarus (X tons), Mexico (X tons), the United States (X tons) and Bangladesh (X tons) held a relatively small share of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), the UK (X%), France (X%), Bangladesh (X%), Poland (X%), the United Arab Emirates (X%) and the United States (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The Netherlands and Belgium experienced a relatively flat trend pattern. By contrast, Japan (X%), China (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, the UK, Germany, Belarus and Poland increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and Belgium (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. Overall, import price indicated a measured increase 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 most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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