The European export market for rape, colza, and mustard oil in 2023 highlights Germany as the dominant exporter, marked by a solid year-on-year growth of 11.91%. Notable growth occurred in smaller markets like Finland and Greece, with increases of 70.49% and 82.51%, respectively. Portugal showed exceptional growth at over 100%, albeit from a smaller base. In contrast, the UK and France saw declines, indicating potential challenges in these markets. The compound annual growth rate (CAGR) over the past five years will be crucial for a comprehensive understanding of longer-term trends in these exports.
Future trends to watch include the potential impact of geopolitical developments and climate change on agricultural yield and export capacities. Additionally, shifts towards renewable energy sources might influence the cultivation and demand for these oils in biodiesel production. Monitoring technological advancements and trade policies within the EU and external trade agreements will provide insight into future growth opportunities and competitive dynamics.
Top countries in Export of Rape, Colza and Mustard Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 757,880,000 | 2023 | +2.67% | +11.91% | View data |
| 2 | 2 Belgium | 316,890,000 | 2023 | +1.59% | +5.25% | View data |
| 3 | 3 Czechia | 145,070,000 | 2023 | |||
| 4 | 4 Netherlands | 141,770,000 | 2023 | -4.41% | +2.3% | View data |
| 5 | 5 Denmark | 112,940,000 | 2023 | +3.56% | +10.72% | View data |
| 6 | 6 Austria | 99,721,000 | 2023 | +5.2% | +6.22% | View data |
| 7 | 7 United Kingdom | 60,488,000 | 2023 | -2.63% | -3.95% | View data |
| 8 | 8 Estonia | 53,709,000 | 2023 | +1.97% | +5.86% | View data |
| 9 | 9 France | 50,226,000 | 2023 | -9.01% | -6.32% | View data |
| 10 | 10 Sweden | 29,118,000 | 2023 | -0.046% | +11.84% | View data |
