Report Update Nov 1, 2024

Ukraine - Crude Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Crude Rapeseed Oil Market 2024

Crude Rapeseed Oil Market Size in Ukraine

The Ukrainian crude rapeseed oil market surged to $X in 2022, rising by 410% against the previous year. In general, consumption showed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Crude Rapeseed Oil Production in Ukraine

In value terms, crude rapeseed oil production declined modestly to $X in 2022 estimated in export price. Overall, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 502%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Crude Rapeseed Oil Exports

Exports from Ukraine

In 2022, approx. X tons of crude rape, colza or mustard oil were exported from Ukraine; dropping by -51.4% against the year before. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 833%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, crude rapeseed oil exports reduced notably to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 557%. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Poland (X tons), Lithuania (X tons) and China (X tons) were the main destinations of crude rapeseed oil exports from Ukraine, with a combined 83% share of total exports. Bulgaria, the Netherlands, Latvia and Romania lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +178.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Lithuania ($X) and China ($X) appeared to be the largest markets for crude rapeseed oil exported from Ukraine worldwide, with a combined 84% share of total exports. Bulgaria, the Netherlands, Latvia and Romania lagged somewhat behind, together accounting for a further 13%.

Among the main countries of destination, Latvia, with a CAGR of +150.6%, 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 average crude rapeseed oil export price amounted to $X per ton, increasing by 1.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 49%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Latvia ($X per ton) and the Netherlands ($X per ton), while the average price for exports to China ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Rapeseed Oil Imports

Imports into Ukraine

In 2022, imports of crude rape, colza or mustard oil into Ukraine soared to X tons, growing by 22,326% on 2021 figures. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, crude rapeseed oil imports soared to $X in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belarus (X tons) was the main supplier of crude rapeseed oil to Ukraine, accounting for a 100% share of total imports. It was followed by Poland (X tons), with a 0.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belarus totaled +59.8%.

In value terms, Belarus ($X) constituted the largest supplier of crude rape, colza or mustard oil to Ukraine, comprising 99% of total imports. The second position in the ranking was held by Poland ($X), with a 0.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus amounted to +70.0%.

Import Prices by Country

The average crude rapeseed oil import price stood at $X per ton in 2022, with a decrease of -49.9% against the previous year. In general, the import price showed a deep slump. The growth pace was the most rapid in 2019 an increase of 208% against the previous year. The import price 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Poland amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude rape, colza or mustard oil in the world?

The countries with the highest volumes of in 2021 were China, Canada and Germany, with a combined 43% share of global consumption. India, Poland, France, the United States, Japan, Belgium, the UK, Mexico, Pakistan and the Czech Republic lagged somewhat behind, together comprising a further 42%.

What are the largest producers of crude rape, colza or mustard oil in the world?

The countries with the highest volumes of in 2021 were Canada, Germany and China, with a combined 43% share of global production. These countries were followed by India, France, Poland, Japan, the United States, the UK, Belgium, Russia, Mexico and the Czech Republic, which together accounted for a further 42%.

What are the leading suppliers of crude rape, colza or mustard oil to Ukraine?

In value terms, Belarus constituted the largest supplier of crude rapeseed oil to Ukraine, comprising 80% of total imports. The second position in the ranking was occupied by Russia, with a 12% share of total imports. It was followed by Poland, with a 3.4% share.

What are the leading importers of crude rape, colza or mustard oil from Ukraine?

In value terms, Poland emerged as the key foreign market for crude rapeseed oil exports from Ukraine, comprising 53% of total exports. The second position in the ranking was occupied by China, with an 18% share of total exports. It was followed by Lithuania, with a 6.8% share.

What is the average export price for crude rape, colza or mustard oil in Ukraine?

In 2021, the average crude rapeseed oil export price amounted to $1,248 per ton, increasing by 49% against the previous year.

What is the average import price for crude rape, colza or mustard oil in Ukraine?

The average crude rapeseed oil import price stood at $1,330 per ton in 2021, falling by -8.7% against the previous year.

This report provides an in-depth analysis of the crude rapeseed oil market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 271 - Oil of Rapeseed or Canola oil

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023