GCC: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in GCC

After three years of growth, the GCC rape and colza seed market decreased by -9.7% to $X in 2022. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +88.6% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2021, and then reduced in the following year.

Production of Rape Or Colza Seed in GCC

In value terms, rape and colza seed production contracted modestly to $X in 2022 estimated in export price. In general, production, however, saw a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 0.7% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Saudi Arabia (X tons) remains the largest rape and colza seed producing country in GCC, accounting for 88% of total volume. Moreover, rape and colza seed production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Kuwait (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Saudi Arabia stood at +1.8%.

Exports of Rape Or Colza Seed

Exports in GCC

In 2022, shipments abroad of rape or colza seed was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 233%. Over the period under review, the exports attained the peak figure 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 surged to $X in 2022. In general, exports, however, showed a sharp descent. The most prominent rate of growth was recorded in 2017 when exports increased by 200% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, recording X tons, which was approx. 93% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), generating a 7% share of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of -21.4% from 2012 to 2022. At the same time, Saudi Arabia (+35.3%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of +35.3% from 2012-2022. From 2012 to 2022, the share of Saudi Arabia increased by +7 percentage points.

In value terms, the United Arab Emirates ($X) remains the largest rape and colza seed supplier in GCC, comprising 99% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 0.7% share of total exports.

In the United Arab Emirates, rape and colza seed exports decreased by an average annual rate of -21.4% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, waning by -15.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 242%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.1%).

Imports of Rape Or Colza Seed

Imports in GCC

In 2022, approx. X tons of rape or colza seed were imported in GCC; surging by 5.2% against 2021 figures. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46%. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2022.

In value terms, rape and colza seed imports contracted significantly to $X in 2022. In general, imports showed a temperate increase. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted sharply in the following year.

Imports by Country

The countries with the highest levels of rape and colza seed imports in 2022 were the United Arab Emirates (X tons), together finishing at 99.9% of total import.

The United Arab Emirates was also the fastest-growing in terms of the rape or colza seed imports, with a CAGR of +5.3% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported rape or colza seed in GCC.

In the United Arab Emirates, rape and colza seed imports expanded at an average annual rate of +3.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, declining by -19.6% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the import price increased by 60%. As a result, import price attained the peak level of $X per ton, and then declined rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.0% per year.

Source: IndexBox Platform