Report Update: May 1, 2024

France - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Rapeseed Oil Price in France - 2023

Rapeseed Oil Price in France (FOB) - 2023

In June 2023, the average rapeseed oil export price amounted to $1,176 per ton, rising by 3.5% against the previous month. Overall, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in February 2023 an increase of 3.8% month-to-month. The export price peaked at $2,013 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the UK ($1,725 per ton), while the average price for exports to Germany ($873 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.6%), while the prices for the other major destinations experienced a decline.

Rapeseed Oil Price in France (CIF) - 2023

The average rapeseed oil import price stood at $1,799 per ton in June 2023, with an increase of 14% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 91% m-o-m. As a result, import price reached the peak level of $1,962 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Belgium ($1,884 per ton) and the Netherlands ($1,871 per ton), while the price for the Czech Republic ($1,489 per ton) and Spain ($1,725 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Rapeseed Oil Exports in France

In 2022, rapeseed oil exports from France rose remarkably to 549K tons, picking up by 10% compared with 2021. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 89% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, rapeseed oil exports surged to $957M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Rapeseed Oil in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	68.0	73.0	334	451	87.9%
Spain	28.6	28.0	88.2	161	77.9%
Germany	53.6	56.8	57.7	106	25.5%
Netherlands	22.4	117	92.6	103	66.3%
Norway	N/A	N/A	6.8	29.9	339.7%
United Kingdom	4.1	1.5	0.8	29.6	93.3%
Chile	N/A	N/A	7.6	29.1	282.9%
Others	28.4	94.4	93.0	46.7	18.0%
Total	205	370	680	957	67.1%

Top Export Markets for Rapeseed Oil from France in 2022:

Belgium (253.7K tons)
Spain (88.5K tons)
Germany (69.5K tons)
Netherlands (64.0K tons)
Norway (18.9K tons)
Chile (16.1K tons)
United Kingdom (13.0K tons)

Rapeseed Oil Imports in France

Rapeseed oil imports into France reduced to 182K tons in 2022, with a decrease of -9.8% on the year before. Overall, imports, however, showed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 98%. As a result, imports reached the peak of 202K tons, and then reduced in the following year.

In value terms, rapeseed oil imports amounted to $277M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Rapeseed Oil in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	53.6	54.9	72.0	99.9	23.1%
Belgium	57.3	47.1	157	76.7	10.2%
Netherlands	14.2	4.8	11.0	34.9	35.0%
Romania	1.3	3.4	2.8	26.4	172.8%
United Arab Emirates	N/A	N/A	N/A	14.6	0%
Spain	1.2	1.7	2.2	11.3	111.2%
Others	15.7	8.1	12.2	12.9	-6.3%
Total	143	120	257	277	24.7%

Top Suppliers of Rapeseed Oil to France in 2022:

Germany (62.6K tons)
Belgium (46.9K tons)
Romania (31.8K tons)
Netherlands (19.8K tons)
United Arab Emirates (9.9K tons)
Spain (5.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rapeseed oil market in France. 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:

France

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in France
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