Poland - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRapeseed Oil Price in Poland Declines Notably to $1,502 per Ton
Poland Rapeseed Oil Import Price in February 2023
In February 2023, the rapeseed oil price stood at $1,502 per ton (CIF, Poland), waning by -6.1% against the previous month. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 5.9% against the previous month. Over the period under review, average import prices hit record highs at $1,985 per ton in June 2022; however, from July 2022 to February 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Austria ($2,120 per ton), while the price for Romania ($1,052 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Rapeseed Oil in Poland (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| Austria | 1,525 | 1,678 | 1,673 | 2,116 | 2,051 | 1,914 | 1,852 | 1,554 | 2,087 | 2,573 | 1,780 | 2,090 | 2,120 |
| Belgium | 1,517 | 1,530 | 1,547 | 1,824 | 1,993 | 1,765 | 1,900 | 1,697 | 1,811 | 1,837 | 1,776 | 1,720 | 1,691 |
| Germany | 1,684 | 1,716 | 1,706 | 1,761 | 1,787 | 1,670 | 1,687 | 1,708 | 1,684 | 1,776 | 1,877 | 1,702 | 1,635 |
| Denmark | N/A | 1,462 | N/A | 2,943 | N/A | 1,839 | N/A | 1,771 | 1,710 | 1,509 | 1,626 | 1,672 | 1,599 |
| Czech Republic | 1,850 | 1,801 | 1,727 | 1,894 | 2,004 | 1,738 | 1,695 | 1,738 | 1,612 | 1,602 | 1,699 | 1,756 | 1,488 |
| Lithuania | 1,790 | 1,762 | 1,924 | 1,927 | 1,818 | 1,708 | 1,552 | 1,453 | 1,364 | 1,321 | 1,371 | 1,516 | 1,344 |
| Ukraine | 1,670 | 1,521 | 2,091 | 1,810 | 1,809 | 1,661 | 1,633 | 1,320 | 1,200 | 1,311 | 1,236 | 1,145 | 1,075 |
| Romania | 1,772 | 1,752 | 1,988 | 2,192 | 2,185 | 1,942 | 1,862 | N/A | N/A | N/A | N/A | N/A | 1,052 |
| Average | 1,733 | 1,756 | 1,860 | 1,947 | 1,985 | 1,798 | 1,729 | 1,547 | 1,404 | 1,478 | 1,538 | 1,599 | 1,502 |
Poland Rapeseed Oil Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In February 2023, the product with the highest price was vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($1,887 per ton), while the price for vegetable oils; low erucic acid rape or colza oil and its fractions, crude ($1,260 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by vegetable oils; excluding low erucic acid rape or colza oil and its fractions, crude (+11.8%), while the prices for the other products experienced mixed trend patterns.
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Poland Rapeseed Oil Imports
In February 2023, after three months of decline, there was significant growth in purchases abroad of rapeseed oil, when their volume increased by 26% to 16K tons. In general, imports, however, showed a noticeable descent.
In value terms, rapeseed oil imports skyrocketed to $24M (IndexBox estimates) in February 2023. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in May 2022 with an increase of 20% against the previous month. As a result, imports reached the peak of $51M. From June 2022 to February 2023, the growth of imports remained at a lower figure.
Poland Rapeseed Oil Imports by Type
In February 2023, vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (10K tons) constituted the largest type of rapeseed oil supplied to Poland, accounting for a 65% share of total imports. Moreover, vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified exceeded the figures recorded for the second-largest type, vegetable oils; low erucic acid rape or colza oil and its fractions, crude (4.8K tons), twofold.
From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of import of vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified amounted to +4.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: vegetable oils; low erucic acid rape or colza oil and its fractions, crude (-10.2% per month) and vegetable oils; excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (-4.7% per month).
In value terms, vegetable oils; low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified ($16M) constituted the largest type of rapeseed oil supplied to Poland, comprising 69% of total imports. The second position in the ranking was taken by vegetable oils; low erucic acid rape or colza oil and its fractions, crude ($6.1M), with a 26% share of total imports.
Poland Rapeseed Oil Imports by Country
The Czech Republic (4.2K tons), Germany (4.1K tons) and Ukraine (2K tons) were the main suppliers of rapeseed oil imports to Poland, with a combined 65% share of total imports.
From February 2022 to February 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +20.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($6.7M), the Czech Republic ($6.3M) and Belgium ($3.1M) constituted the largest rapeseed oil suppliers to Poland, together accounting for 68% of total imports.
Belgium, with a CAGR of +19.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the rapeseed oil market in Poland. 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:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
