Germany: Rapeseed Oil Market 2022

Rapeseed Oil Market Size in Germany

The German rapeseed oil market declined to $X in 2021, shrinking by -X% against the previous year. Over the period under review, consumption recorded a perceptible slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Rapeseed Oil Production in Germany

In value terms, rapeseed oil production contracted modestly to $X in 2021 estimated in export price. Overall, production saw a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Rapeseed oil production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Rapeseed Oil Exports

Exports from Germany

In 2021, overseas shipments of rapeseed oil increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, rapeseed oil exports skyrocketed to $X in 2021. Overall, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for rapeseed oil exports from Germany, accounting for a X% share of total exports. Moreover, rapeseed oil exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X tons), sevenfold. The third position in this ranking was held by Norway (X tons), with a X% share.

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

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

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

Export Prices by Country

In 2021, the average rapeseed oil export price amounted to $X per ton, picking up by X% against the previous year. In general, 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 external markets. In 2021, the countries with the highest prices were Poland ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Norway ($X per ton) and Belgium ($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 Poland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Rapeseed Oil Imports

Imports into Germany

In 2021, purchases abroad of rapeseed oil increased by X% to X tons, rising for the third consecutive year after three years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, rapeseed oil imports soared to $X in 2021. In general, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Belgium (X tons) and France (X tons) were the main suppliers of rapeseed oil imports to Germany, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rapeseed oil suppliers to Germany were Belgium ($X), Poland ($X) and France ($X), with a combined X% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average rapeseed oil import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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