Rapeseed, colza or mustard oil and fractions market in Eastern Europe (including Northern Asia)

Earlier Report Observations

In 2018, the commissioning of an oil extraction plant in Belarus increased rapeseed oil imports into Russia, supporting the market. However, in 2019, market volume fell to 1 182 thousand tons as rising exports to China diverted supplies from the domestic market. The market recovered to 1 268 thousand tons in 2020, aided by a 10% increase in Russian production and a shift in consumer preferences towards healthier vegetable oils such as rapeseed oil.

Market volume jumped to 2 018 thousand tons in 2021, driven by a 40.7% surge in rapeseed oil imports into Russia in the first half of the year and the expansion of the packaged rapeseed oil segment, reflecting growing consumer demand. By 2022, the market reached 2 063 thousand tons despite global trade sanctions and Ukrainian export licensing that affected trade flows.

In 2023, the market contracted to 1 921 thousand tons as regulatory changes in Ukraine, including export duties on rapeseed, stimulated rapeseed oil exports, leading to a sharp rise in exports to 2 941 thousand tons. The period also saw the entry of new processing capacities, such as the Agroprime plant in Russia, which bolstered production. Moving into 2024, further legislative adjustments in Ukraine and shifts in logistics routes continued to shape the trade environment for rapeseed oil.

Production rapeseed, colza or mustard oil and fractions in Eastern Europe (including Northern Asia)

In kind, 2017-2020, K t

Top producers of rapeseed, colza or mustard oil and fractions, 2017-2020

World map of production of rapeseed, colza or mustard oil and fractions, 2017-2020

In Eastern Europe (including Northern Asia), production of rapeseed, colza, or mustard oil and fractions reached 2 489 K t in 2020, marking a gradual improvement of 3.9% compared to the previous year. Between 2017 and 2020, production grew by 33.6%, which translates to an annualized rate of 10.1%. The largest increase occurred in 2018 at 28.9%, while the largest decline was recorded in 2019 at 0.2%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The output value of rapeseed, colza, or mustard oil and fractions in Eastern Europe (including Northern Asia) was 2 264 M $ US in 2020, reflecting a 13.9% improvement relative to the prior year. From 2017 to 2020, production value increased by 34.7%, equating to an annualized growth rate of 10.4%. The largest increase was in 2018 at 20.2%, and the largest decline was in 2019 at 1.6%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Exports rapeseed, colza or mustard oil and fractions from Eastern Europe (including Northern Asia)

Exports in kind, K t

Cross-border shipments of rapeseed, colza, or mustard oil and fractions from Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, exports amounted to 1 529 K t, showing a 1.8% rise from 2019. Over the period from 2017 to 2020, exports grew by 60.3%, with a compound annual growth rate (CAGR) of 17.0%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

From 2017 to 2020, rapeseed, colza, or mustard oil and fractions from Eastern Europe (including Northern Asia) were supplied to a broad range of markets. The top destinations—Norway (17.5% of exports in kind), China (16.7%), and Germany (7.7%)—together accounted for 41.9% of total exports in kind, while numerous smaller destinations made up the remaining 58.1%.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, M $ US

Cross-border shipments of rapeseed, colza, or mustard oil and fractions from Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, export value reached 1 391 M $ US, representing a notable 11.7% increase compared to 2019. From 2017 to 2020, exports grew by 61.6%, with a compound annual growth rate (CAGR) of 17.4%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

From 2017 to 2020, Norway (16.8% of exports in value terms), China (16.4%), and Germany (8.2%) were among the largest buyers of rapeseed, colza, or mustard oil and fractions from Eastern Europe (including Northern Asia). However, even combined, they represented just 41.5% of total exports in value terms, indicating a broadly diversified partner base.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports rapeseed, colza or mustard oil and fractions to Eastern Europe (including Northern Asia)

Imports in kind, K t

In 2020, imports of rapeseed, colza, or mustard oil and fractions into Eastern Europe (including Northern Asia) reached 308 K t, amounting to a controlled year-over-year gain of 7.6%. Between 2017 and 2020, imports increased by 26.5%, equating to an annualized rate of 8.1%. The largest increase was recorded in 2018 at 57.3%, with imports peaking at 384 K t that year, while the largest decline occurred in 2019 at 25.2%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

From 2017 to 2020, rapeseed, colza, or mustard oil and fractions were imported into Eastern Europe (including Northern Asia) from many countries. The largest destinations—Austria, Germany, and the Netherlands—together represented only 20.9% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, M $ US

Imports of rapeseed, colza, or mustard oil and fractions into Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, import value amounted to 410 M $ US, reflecting a 6.8% rise compared to 2019. Over the period from 2017 to 2020, imports grew by 13.3%, with a compound annual growth rate (CAGR) of 4.2%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

From 2017 to 2020, the country structure of imports in value terms was highly diversified. Austria (10.7% of imports in value terms), Germany (9.4%), and the Netherlands (2.0%) together accounted for only 22.0% of total flows, with a long tail of smaller markets forming the remaining 78.0%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020