Eastern Europe: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in Eastern Europe

The East European rape and colza seed market totaled $X in 2022, surging by X% against the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Production of Rape Or Colza Seed in Eastern Europe

In value terms, rape and colza seed production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Ukraine (X tons), Poland (X tons) and Russia (X tons), with a combined X% share of total production. The Czech Republic, Romania, Lithuania, Hungary, Belarus and Latvia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average rape and colza seed yield expanded modestly to X tons per ha in 2022, surging by X% on 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of yield peaked in 2022 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the rape and colza seed harvested area in Eastern Europe shrank modestly to X ha, standing approx. at 2021. The harvested area 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 throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2021, and then fell slightly in the following year.

Exports of Rape Or Colza Seed

Exports in Eastern Europe

In 2022, the amount of rape or colza seed exported in Eastern Europe expanded significantly to X tons, increasing by X% against the previous year's figure. The total export volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, rape and colza seed exports expanded markedly to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Ukraine was the key exporter of rape or colza seed in Eastern Europe, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Romania (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (X%), Hungary (X%), Slovakia (X%), the Czech Republic (X%), Poland (X%) and Latvia (X%).

Exports from Ukraine increased at an average annual rate of X% from 2012 to 2022. At the same time, Romania (X%), Lithuania (X%) and Poland (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Latvia and the Czech Republic experienced a relatively flat trend pattern. By contrast, Hungary (X%) and Slovakia (X%) illustrated a downward trend over the same period. Ukraine (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total exports, while Latvia, the Czech Republic, Hungary and Slovakia saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) remains the largest rape and colza seed supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Ukraine, rape and colza seed exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Romania (X% per year) and Lithuania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 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 Czech Republic ($X per ton), while Ukraine ($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 (X%), while the other leaders experienced more modest paces of growth.

Imports of Rape Or Colza Seed

Imports in Eastern Europe

In 2022, overseas purchases of rape or colza seed increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, rape and colza seed imports soared to $X in 2022. Over the period under review, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons), distantly followed by Belarus (X tons), Romania (X tons), the Czech Republic (X tons) and Hungary (X tons) were the main importers of rape or colza seed, together mixing up X% of total imports. The following importers - Slovakia (X tons) and Latvia (X tons) - each accounted for an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Belarus ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. 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 importing countries. In 2022, major importing countries recorded the following prices: in Belarus ($X per ton) and the Czech Republic ($X per ton), while Latvia ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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