Eastern Europe: Oil Crops Market 2025

Oil Crops Market Size in Eastern Europe

The East European oil crops market fell to $X in 2022, with a decrease of X% against the previous year. 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 throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then fell in the following year.

Oil Crops Production in Eastern Europe

In value terms, oil crops production shrank modestly 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 remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Russia (X tons), Ukraine (X tons) and Romania (X tons), together accounting for X% of total production.

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

The average oil crops yield fell to X tons per ha in 2022, with a decrease of X% against 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 relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the oil crops yield hit record highs at X tons per ha in 2019; however, from 2020 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, approx. X ha of oil crops (primary) were harvested in Eastern Europe; which is down by X% compared with 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then dropped slightly in the following year.

Oil Crops Exports

Exports in Eastern Europe

In 2022, shipments abroad of oil crops (primary) was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total exports indicated a resilient increase from 2012 to 2022: its volume 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, oil crops exports soared to $X in 2022. Total exports indicated buoyant growth 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 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine represented the largest exporter of oil crops (primary) in Eastern Europe, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Russia (X tons) held the second position in the ranking, followed by Romania (X tons) and Bulgaria (X tons). All these countries together took approx. X% share of total exports. The following exporters - Hungary (X tons), Slovakia (X tons), Lithuania (X tons), Poland (X tons), Moldova (X tons), the Czech Republic (X tons) and Latvia (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to oil crops exports from Ukraine stood at X%. At the same time, Russia (X%), Romania (X%), Moldova (X%), Poland (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Latvia and the Czech Republic experienced a relatively flat trend pattern. By contrast, Bulgaria (X%), Slovakia (X%) and Hungary (X%) illustrated a downward trend over the same period. While the share of Ukraine (X p.p.), Russia (X p.p.) and Romania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Latvia (X p.p.), the Czech Republic (X p.p.), Slovakia (X p.p.), Bulgaria (X p.p.) and Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest oil crops supplying countries in Eastern Europe were Ukraine ($X), Romania ($X) and Russia ($X), together accounting for X% of total exports. Bulgaria, Hungary, Poland, the Czech Republic, Lithuania, Slovakia, Moldova and Latvia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Moldova, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Oil Crops Imports

Imports in Eastern Europe

In 2022, approx. X tons of oil crops (primary) were imported in Eastern Europe; rising by X% on the year before. Over the period under review, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oil crops imports skyrocketed to $X in 2022. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the six major importers of oil crops (primary), namely Russia, Poland, Romania, Bulgaria, Hungary and Belarus, represented more than two-thirds of total import. It was distantly followed by the Czech Republic (X tons), achieving a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Bulgaria, Belarus, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Belarus, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Russia ($X per ton) and Belarus ($X per ton), while Hungary ($X per ton) and Romania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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