United Kingdom: Oil Crops Market 2025

Oil Crops Market Size in the UK

In 2022, the UK oil crops market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Oil Crops Production in the UK

In value terms, oil crops production fell to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Oil crops production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of oil crops (primary) in the UK contracted to X tons per ha, reducing by X% against 2021 figures. Overall, the yield saw a mild decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. The oil crops yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield stood 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.

In 2022, approx. X ha of oil crops (primary) were harvested in the UK; growing by X% on the previous year. Overall, the harvested area, however, saw a abrupt contraction. The oil crops harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Oil Crops Exports

Exports from the UK

In 2022, approx. X tons of oil crops (primary) were exported from the UK; reducing by X% against the year before. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, oil crops exports fell to $X in 2022. In general, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Sweden (X tons) and the Netherlands (X tons) were the main destinations of oil crops exports from the UK, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for oil crops exported from the UK were France ($X), the Netherlands ($X) and Sweden ($X), together comprising X% of total exports. Germany, Belgium, Ireland and Denmark lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average oil crops export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Sweden ($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 Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports

Imports into the UK

In 2022, purchases abroad of oil crops (primary) increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, oil crops imports surged to $X in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest oil crops supplier to the UK, with a X% share of total imports. Moreover, oil crops imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Uruguay (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Uruguay (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of oil crops (primary) to the UK, comprising X% of total imports. The second position in the ranking was held by Uruguay ($X), with an X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average oil crops import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price recorded modest growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Romania ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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