The rapeseed oil market in Greece has experienced significant changes from 2020 to 2024, influenced by global consumption and production trends. The key suppliers to Greece include Serbia, Ukraine, and Bulgaria, while France remains the primary export destination. The market has seen fluctuations in both export and import prices, with a notable decline in recent years. Looking ahead to 2035, the market is expected to evolve further, shaped by international trade dynamics and domestic demand.
Market Context (2020-2024)
During the period from 2020 to 2024, global consumption of rapeseed oil was dominated by China, the United States, and Germany, which together accounted for nearly half of the global consumption. In terms of production, Germany, Canada, and China were the leading producers, contributing significantly to the global supply. Greece's market was influenced by these global trends, with imports primarily sourced from Serbia, Ukraine, and Bulgaria.
Trade and Price Signals
In 2024, Serbia emerged as the largest supplier of rapeseed oil to Greece, accounting for 42% of total imports in value terms. Ukraine and Bulgaria followed, with shares of 16% and 14% respectively. On the export side, France was the main destination for Greek rapeseed oil, comprising 89% of total exports in value terms, with Bulgaria holding a minor share.
The average export price of rapeseed oil from Greece saw a significant decline, dropping to $423 per ton in 2024, a decrease of 63.1% from the previous year. This decline reflects a broader trend of price reduction since the peak in 2012. Import prices also experienced a downturn, with the average price standing at $1,113 per ton in 2024, down by 9.8% from the previous year. Despite a peak in 2021, import prices have not regained their previous levels.
Outlook to 2035
Looking forward to 2035, the Greek rapeseed oil market is expected to be shaped by ongoing global production and consumption patterns. The influence of major producing countries like Germany, Canada, and China will continue to play a critical role. Additionally, trade relationships with key suppliers and export destinations will be crucial in determining market dynamics. Price trends will likely be influenced by global supply chain developments and domestic economic conditions, impacting both import and export activities.
Frequently Asked Questions (FAQ) :
The countries with the highest volumes of consumption in 2024 were China, the United States and Germany, together comprising 49% of global consumption.
The countries with the highest volumes of production in 2024 were Germany, Canada and China, together comprising 45% of global production. India, France, Poland, Russia, Japan, the United States and the Czech Republic lagged somewhat behind, together accounting for a further 34%.
In value terms, Serbia constituted the largest supplier of rapeseed oil to Greece, comprising 42% of total imports. The second position in the ranking was taken by Ukraine, with a 16% share of total imports. It was followed by Bulgaria, with a 14% share.
In value terms, France remains the key foreign market for rapeseed oil exports from Greece, comprising 89% of total exports. The second position in the ranking was held by Bulgaria, with a 2.6% share of total exports.
In 2024, the average rapeseed oil export price amounted to $423 per ton, waning by -63.1% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 59%. The export price peaked at $5,165 per ton in 2012; however, from 2013 to 2024, the export prices stood at a somewhat lower figure.
The average rapeseed oil import price stood at $1,113 per ton in 2024, which is down by -9.8% against the previous year. Over the period under review, the import price saw a mild contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 28%. The import price peaked at $1,594 per ton in 2021; however, from 2022 to 2024, import prices failed to regain momentum.
This report provides a comprehensive view of the rapeseed oil industry in Greece, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the rapeseed oil landscape in Greece.
Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating a distinct national cost curve.
Market concentration varies by segment, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.
Report scope
The report combines market sizing with trade intelligence and price analytics for Greece. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
Market size and growth in value and volume terms
Consumption structure by end-use segments
Production capacity, output, and cost dynamics
Trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions
Product coverage
FCL 271 - Oil of Rapeseed or Canola oil
Country coverage
Greece
Country profile and benchmarks
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for Greece. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links rapeseed oil demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in Greece.
Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing companies
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context
How to use this report
Quantify domestic demand and identify the most attractive segments
Evaluate export opportunities and prioritize target destinations
Track price dynamics and protect margins
Benchmark performance against leading competitors
Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of rapeseed oil dynamics in Greece.
FAQ
What is included in the rapeseed oil market in Greece?
The market size aggregates consumption and trade data, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which benchmarks are included?
The report benchmarks market size, trade balance, prices, and per-capita indicators for Greece.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
Per Capita Consumption: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Physical Terms, By Country, 2012–2025
Imports, In Value Terms, By Country, 2012–2025
Import Prices, By Country, 2012–2025
Exports, In Physical Terms, By Country, 2012–2025
Exports, In Value Terms, By Country, 2012–2025
Export Prices, By Country, 2012–2025
LIST OF FIGURES
Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Trade Balance, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Trade Balance, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Per Capita Consumption: Historical Data (2012–2025) and Forecast (2026–2035)
Market Volume Forecast to 2035
Market Value Forecast to 2035
Market Size and Growth, By Product
Average Per Capita Consumption, By Product
Exports and Growth, By Product
Export Prices and Growth, By Product
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: Historical Data (2012–2025) and Forecast (2026–2035)
Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Physical Terms, By Country, 2025
Imports, In Physical Terms, By Country, 2012–2025
Imports, In Value Terms, By Country, 2012–2025
Import Prices, By Country, 2012–2025
Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Physical Terms, By Country, 2025
Exports, In Physical Terms, By Country, 2012–2025
Exports, In Value Terms, By Country, 2012–2025
Export Prices, By Country, 2012–2025
Feb 21, 2026
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