Report Update Nov 1, 2024

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

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Ukraine: Refined Rapeseed Oil Market 2024

Refined Rapeseed Oil Market Size in Ukraine

The Ukrainian refined rapeseed oil market expanded remarkably to $X in 2022, growing by 13% against the previous year. Over the period under review, consumption, however, saw a deep contraction. Refined rapeseed oil consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Refined Rapeseed Oil Production in Ukraine

In value terms, refined rapeseed oil production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 64% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Refined Rapeseed Oil Exports

Exports from Ukraine

In 2022, shipments abroad of refined rape, colza or mustard oil decreased by -99.5% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 20,019% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, refined rapeseed oil exports dropped rapidly to $X in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 5,396% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for refined rapeseed oil exports from Ukraine, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled -25.8%.

In value terms, Poland ($X) emerged as the key foreign market for refined rape, colza or mustard oil exports from Ukraine.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled -16.3%.

Export Prices by Country

The average refined rapeseed oil export price stood at $X per ton in 2022, increasing by 95% against the previous year. Overall, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 482% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +12.9% per year.

Refined Rapeseed Oil Imports

Imports into Ukraine

In 2022, purchases abroad of refined rape, colza or mustard oil decreased by -83.7% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 92%. Imports peaked at X tons in 2021, and then plummeted in the following year.

In value terms, refined rapeseed oil imports fell rapidly to $X in 2022. Overall, imports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2017 when imports increased by 84%. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of refined rapeseed oil to Ukraine, with a 54% share of total imports. Moreover, refined rapeseed oil imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The third position in this ranking was held by Russia (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-20.5% per year) and Russia (-19.9% per year).

In value terms, Poland ($X) constituted the largest supplier of refined rape, colza or mustard oil to Ukraine, comprising 46% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total imports. It was followed by Germany, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+4.1% per year) and Germany (+4.4% per year).

Import Prices by Country

In 2022, the average refined rapeseed oil import price amounted to $X per ton, jumping by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 34% of global consumption. Japan, Russia, Pakistan, Brazil, Indonesia, Nigeria, Bangladesh, Germany, Mexico and Poland lagged somewhat behind, together comprising a further 24%.

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

China constituted the country with the largest volume of refined rapeseed oil production, comprising approx. 17% of total volume. Moreover, refined rapeseed oil production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Canada, with a 6.4% share.

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

In value terms, Poland constituted the largest supplier of refined rapeseed oil to Ukraine, comprising 55% of total imports. The second position in the ranking was occupied by Russia, with a 16% share of total imports. It was followed by the Czech Republic, with a 12% share.

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

In value terms, China remains the key foreign market for refined rapeseed oil exports from Ukraine, comprising 68% of total exports. The second position in the ranking was occupied by Malaysia, with a 23% share of total exports. It was followed by the Czech Republic, with a 6.1% share.

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

The average refined rapeseed oil export price stood at $874 per ton in 2021, remaining relatively unchanged against the previous year.

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

In 2021, the average refined rapeseed oil import price amounted to $1,387 per ton, picking up by 29% against the previous year.

This report provides an in-depth analysis of the refined 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:

Prodcom 10415600 - Refined rape, colza or mustard oil and their fractions (excluding chemically modified)

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