Italy: Rapeseed Oil Market 2025

Rapeseed Oil Market Size in Italy

The Italian rapeseed oil market declined to $X in 2022, which is down by -5.1% against the previous year. Over the period under review, consumption showed a abrupt shrinkage. Rapeseed oil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Rapeseed Oil Production in Italy

In value terms, rapeseed oil production shrank remarkably to $X in 2022 estimated in export price. Overall, production recorded strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. Rapeseed oil production peaked at $X in 2021, and then shrank sharply in the following year.

Rapeseed Oil Exports

Exports from Italy

For the third year in a row, Italy recorded growth in shipments abroad of rapeseed oil, which increased by 11% to X tons in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 111% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, rapeseed oil exports surged to $X in 2022. Over the period under review, exports recorded measured growth. The most prominent rate of growth was recorded in 2020 when exports increased by 129%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Sweden (X tons) and Austria (X tons) were the main destinations of rapeseed oil exports from Italy, together comprising 43% of total exports. Spain, Germany, the UK, South Korea, France, Israel, Greece and Croatia lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +90.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rapeseed oil exported from Italy were Sweden ($X), the Netherlands ($X) and Austria ($X), with a combined 41% share of total exports. The UK, Germany, South Korea, France, Spain, Israel, Greece and Croatia lagged somewhat behind, together accounting for a further 45%.

Spain, with a CAGR of +83.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rapeseed oil export price stood at $X per ton in 2022, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2017 when the average export price increased by 15%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Rapeseed Oil Imports

Imports into Italy

In 2022, the amount of rapeseed oil imported into Italy shrank sharply to X tons, reducing by -38.7% against 2021 figures. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 34% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, rapeseed oil imports declined to $X in 2022. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 58%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Bulgaria (X tons) and the Netherlands (X tons) were the main suppliers of rapeseed oil imports to Italy, together accounting for 77% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +76.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest rapeseed oil suppliers to Italy were Germany ($X), Bulgaria ($X) and the Netherlands ($X), together comprising 76% of total imports.

In terms of the main suppliers, Bulgaria, with a CAGR of +91.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average rapeseed oil import price amounted to $X per ton, surging by 46% against the previous year. Over the period under review, the import price posted a moderate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($X per ton) and Belgium ($X per ton), while the price for the Netherlands ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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