France: Rapeseed Oil Market 2022

Rapeseed Oil Market Size in France

The French rapeseed oil market declined to $X in 2021, shrinking by -X% against the previous year. Overall, consumption showed a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Rapeseed Oil Production in France

In value terms, rapeseed oil production fell to $X in 2021 estimated in export price. Overall, production saw a pronounced descent. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Rapeseed Oil Exports

Exports from France

In 2021, approx. X tons of rapeseed oil were exported from France; picking up by X% against the previous year. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, rapeseed oil exports skyrocketed to $X in 2021. In general, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for rapeseed oil exports from France, accounting for a X% share of total exports. Moreover, rapeseed oil exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Spain (+X% per year).

In value terms, Belgium ($X) emerged as the key foreign market for rapeseed oil exports from France, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2021, the average rapeseed oil export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were Sweden ($X per ton) and Germany ($X per ton), while the average price for exports to Mexico ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Rapeseed Oil Imports

Imports into France

In 2021, overseas purchases of rapeseed oil were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, rapeseed oil imports skyrocketed to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest rapeseed oil supplier to France, with a X% share of total imports. Moreover, rapeseed oil imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (-X% per year).

In value terms, Belgium ($X) constituted the largest supplier of rapeseed oil to France, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

In 2021, the average rapeseed oil import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from the Netherlands ($X per ton) and Belgium ($X per ton), while the price for Germany ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

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