France: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in France

The French rape and colza seed market declined modestly to $X in 2022, dropping by -2.3% against the previous year. In general, consumption saw a noticeable downturn. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Rape Or Colza Seed in France

In value terms, rape and colza seed production rose to $X in 2022 estimated in export price. Overall, production recorded a abrupt decrease. The growth pace was the most rapid in 2017 when the production volume increased by 29% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of rape or colza seed in France declined to X tons per ha in 2022, waning by -6.5% compared with 2021. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 24%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average rape and colza seed yield remained at a somewhat lower figure. 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 France expanded rapidly to X ha in 2022, picking up by 6.8% compared with the previous year. Overall, the harvested area, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2018 with an increase of 15% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the rape and colza seed harvested area remained at a lower figure.

Exports of Rape Or Colza Seed

Exports from France

In 2022, the amount of rape or colza seed exported from France declined to X tons, reducing by -13.6% on the previous year's figure. Overall, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, rape and colza seed exports dropped modestly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $X, and then contracted modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for rape and colza seed exports from France, accounting for a 63% share of total exports. Moreover, rape and colza seed exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-6.1% per year) and the Netherlands (+2.0% per year).

In value terms, Germany ($X) remains the key foreign market for rape or colza seed exports from France, comprising 51% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports. It was followed by the Netherlands, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-2.1% per year) and the Netherlands (+3.9% per year).

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and Germany ($X per ton), while the average price for exports to Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rape Or Colza Seed

Imports into France

In 2022, purchases abroad of rape or colza seed decreased by -18.2% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 131% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced dramatically in the following year.

In value terms, rape and colza seed imports expanded modestly to $X in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 129%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Australia (X tons) constituted the largest rape and colza seed supplier to France, with a 54% share of total imports. Moreover, rape and colza seed imports from Australia exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. Ukraine (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+9.9% per year) and Ukraine (-0.3% per year).

In value terms, Australia ($X) constituted the largest supplier of rape or colza seed to France, comprising 54% of total imports. The second position in the ranking was held by Canada ($X), with a 19% share of total imports. It was followed by Ukraine, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+12.6% per year) and Ukraine (+0.3% per year).

Import Prices by Country

The average rape and colza seed import price stood at $X per ton in 2022, picking up by 27% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +68.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per ton) and Australia ($X per ton), while the price for Ukraine ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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