Bangladesh: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in Bangladesh

In 2022, the Bangladeshi rape and colza seed market decreased by -9.2% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption saw pronounced growth. Rape and colza seed consumption peaked at $X in 2021, and then fell in the following year.

Production of Rape Or Colza Seed in Bangladesh

In value terms, rape and colza seed production rose rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of 82% against the previous year. Rape and colza seed production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of rape or colza seed in Bangladesh shrank to X tons per ha in 2022, which is down by -1.8% against the previous year's figure. The yield figure increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the yield increased by 9.9%. The rape and colza seed yield peaked at X tons per ha in 2021, and then fell slightly in the following year. 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 in Bangladesh fell to X ha in 2022, which is down by -3.1% on the year before. The harvested area increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, the harvested area dedicated to rape and colza seed production attained the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Exports of Rape Or Colza Seed

Exports from Bangladesh

After two years of decline, shipments abroad of rape or colza seed decreased by 99.9% to less than X kg in 2016. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 455%. As a result, the exports attained the peak of X tons. From 2014 to 2016, the growth of the exports remained at a lower figure.

In value terms, rape and colza seed exports fell dramatically to $X in 2016. Overall, exports, however, continue to indicate a pronounced expansion. The growth pace was the most rapid in 2013 when exports increased by 802%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for rape and colza seed exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average rape and colza seed export price stood at $X per ton in 2015, approximately reflecting the previous year. Over the period under review, the export price recorded a prominent expansion. The growth pace was the most rapid in 2013 when the average export price increased by 63%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2015, the average export prices remained at a lower figure.

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

From 2012 to 2015, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.

Imports of Rape Or Colza Seed

Imports into Bangladesh

In 2022, the amount of rape or colza seed imported into Bangladesh skyrocketed to X tons, picking up by 17% against the previous year's figure. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 934%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, rape and colza seed imports shrank to $X in 2022. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 1,112% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Australia (X tons) constituted the largest rape and colza seed supplier to Bangladesh, with a 70% share of total imports. Moreover, rape and colza seed imports from Australia exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-3.8% per year) and Ukraine (+37.3% per year).

In value terms, Australia ($X) constituted the largest supplier of rape or colza seed to Bangladesh, comprising 75% of total imports. The second position in the ranking was held by Canada ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-7.4% per year) and Ukraine (+28.9% per year).

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, waning by -21.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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