Netherlands - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDramatic Drop in Rapeseed Oil Imports to $92M in September 2023 in the Netherlands
Netherlands Rapeseed Oil Imports
In September 2023, approximately 82K tons of rapeseed oil were imported into the Netherlands; with a decrease of -25.9% compared with August 2023 figures. In general, total imports indicated noticeable growth from September 2022 to September 2023: its volume increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, imports decreased by -25.9% against August 2023 indices. The pace of growth appeared the most rapid in October 2022 when imports increased by 77% against the previous month.
In value terms, rapeseed oil imports dropped dramatically to $92M (IndexBox estimates) in September 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when imports increased by 58% month-to-month. As a result, imports reached the peak of $144M. From November 2022 to September 2023, the growth of imports remained at a somewhat lower figure.
| COUNTRY | Import Value of Rapeseed Oil in Netherlands (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
| Germany | 56.5 | 107 | 107 | 103 | 89.8 | 54.3 | 57.5 | 78.9 | 83.0 | 71.0 | 57.1 | 66.1 | 56.5 |
| Belgium | 11.6 | 7.1 | 7.1 | 7.1 | 6.6 | 19.5 | 6.6 | 18.0 | 10.5 | 10.1 | 13.4 | 17.6 | 15.8 |
| France | 3.7 | 9.4 | 0.3 | 19.8 | 9.5 | 6.0 | 8.6 | 3.3 | 16.8 | 14.7 | 13.1 | 17.1 | 0.9 |
| Others | 19.4 | 20.8 | 16.5 | 13.4 | 2.5 | 9.5 | 20.0 | 9.6 | 11.5 | 14.5 | 11.3 | 23.4 | 19.0 |
| Total | 91.1 | 144 | 131 | 144 | 108 | 89.2 | 92.7 | 110 | 122 | 110 | 95.0 | 124 | 92.1 |
Imports by Country
In September 2023, Germany (52K tons) constituted the largest rapeseed oil supplier to the Netherlands, with a 64% share of total imports. Moreover, rapeseed oil imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (12K tons), fourfold.
From September 2022 to September 2023, the average monthly growth rate of volume from Germany amounted to +3.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (+3.7% per month) and France (-8.5% per month).
In value terms, Germany ($56M) constituted the largest supplier of rapeseed oil to the Netherlands, comprising 61% of total imports. The second position in the ranking was held by Belgium ($16M), with a 17% share of total imports.
From September 2022 to September 2023, the average monthly growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (+2.6% per month) and France (-11.0% per month).
Imports by Type
In September 2023, vegetable oils; low erucic acid rape or colza oil and its fractions, crude (53K tons) constituted the largest type of rapeseed oil supplied to the Netherlands, with a 64% share of total imports. Moreover, vegetable oils; low erucic acid rape or colza oil and its fractions, crude exceeded the figures recorded for the second-largest type, vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (17K tons), threefold. Vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude (8K tons) ranked third in terms of total imports with a 9.8% share.
From September 2022 to September 2023, the average monthly rate of growth in terms of the volume of import of vegetable oils; low erucic acid rape or colza oil and its fractions, crude stood at +4.8%. With regard to the other supplied products, the following average monthly rates of growth were recorded: vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (+0.9% per month) and vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude (+3.5% per month).
In value terms, vegetable oils; low erucic acid rape or colza oil and its fractions, crude ($55M) constituted the largest type of rapeseed oil supplied to the Netherlands, comprising 59% of total imports. The second position in the ranking was held by vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($23M), with a 25% share of total imports. It was followed by vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude, with a 10% share.
Import Prices by Country
In September 2023, the rapeseed oil price amounted to $1,126 per ton (CIF, Netherlands), standing approximately at the previous month. Over the period under review, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in July 2023 an increase of 7.1% against the previous month. Over the period under review, average import prices reached the maximum at $1,625 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were France ($1,372 per ton) and Belgium ($1,356 per ton), while the price for the Czech Republic ($975 per ton) and Hungary ($1,020 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.1%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the rapeseed oil market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 271 - Oil of Rapeseed or Canola oil
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
