Report Update: May 1, 2024

Ukraine - Refined Rape, Colza Or Mustard Oil - Market Analysis, Forecast, Size, Trends And Insights

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Refined Rapeseed Oil Price in Ukraine - 2023

Refined Rapeseed Oil Price in Ukraine (CIF) - 2022

In 2022, the average refined rapeseed oil import price amounted to $1,883 per ton, picking up by 35% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,992 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 France ($3,224 per ton), while the price for Poland ($1,578 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 (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Refined Rapeseed Oil Price in Ukraine (FOB) - 2022

In 2022, the average refined rapeseed oil export price amounted to $1,707 per ton, rising by 95% against the previous year. Overall, the export price recorded a notable increase. The pace of growth appeared the most rapid in 2013 an increase of 482%. As a result, the export price attained the peak level of $6,182 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +12.9% per year.

Refined Rapeseed Oil Imports in Ukraine

In 2022, purchases abroad of refined rape, colza or mustard oil decreased by -83.7% to 500 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of 3.1K tons, and then contracted remarkably in the following year.

In value terms, refined rapeseed oil imports dropped markedly to $942K in 2022. Overall, imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of $4.3M, and then contracted remarkably in the following year.

Import of Refined Rapeseed Oil in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1,815	1,588	2,284	429	-38.2%
Czech Republic	145	812	513	164	4.2%
Germany	103	120	117	93.0	-3.3%
France	N/A	1.8	9.5	74.4	542.9%
Russia	80.8	54.6	674	72.6	-3.5%
Belarus	38.3	50.5	207	36.8	-1.3%
Belgium	0.1	N/A	N/A	24.2	523.2%
Hungary	246	137	287	N/A	8.0%
Others	15.1	135	171	47.9	46.9%
Total	2,444	2,899	4,262	942	-27.2%

Top Suppliers of Refined Rapeseed Oil to Ukraine in 2022:

Poland (271.9 tons)
Czech Republic (80.0 tons)
Russia (43.7 tons)
Germany (31.7 tons)
France (23.1 tons)
Belarus (22.0 tons)
Belgium (10.1 tons)

Refined Rapeseed Oil Exports in Ukraine

In 2022, shipments abroad of refined rape, colza or mustard oil decreased by -99.5% to 22 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp contraction. The pace of growth was the most pronounced in 2020 when exports increased by 5,326%. As a result, the exports attained the peak of 10K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, refined rapeseed oil exports dropped notably to $38K in 2022. Overall, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 5,396%. As a result, the exports attained the peak of $8.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Refined Rapeseed Oil in Ukraine (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	8.9	3.8	N/A	-57.3%
Poland	N/A	N/A	N/A	N/A	0%
Others	0.2	N/A	0.1	N/A	-29.3%
Total	0.2	8.9	3.9	N/A	341.6%

Top Export Markets for Refined Rapeseed Oil from Ukraine in 2022:

Poland (22.0 tons)

Source: IndexBox Market Intelligence Platform

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

Prodcom 10415600 - Refined rape, colza or mustard oil and their fractions (excluding chemically modified)

Country coverage:

Ukraine

Data coverage:

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