Russia Rapeseeds (Canola) Market Insights
Table of Contents
Russia rapeseeds (canola) export quantities
The quantity of rapeseeds (canola) sold by Russia in 2020 was 653,013 tonnes. In 2019 Russia exported 440,193 tonnes of rapeseeds (canola). In 2019 alone, the interest in Russia rapeseeds (canola) (oil seeds category) has gone down, flactuating by -10.466 per cent compared to the year 2018. Between 2017 and 2019, rapeseeds (canola)'s exports went up by 130.04% bringing the nation US$175.86m for the year 2019. Russia's rapeseeds (canola) exports are categorised as:
- Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 120510)
- High erucic rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g", whether or not broken (HS code 120590)
- Rape or colza seeds, whether or not broken (HS code 120500)
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Russia rapeseeds (canola) export values
In 2019, Russia exported rapeseeds (canola) with a value of 175.86m USD, a drop of -6.49% from 2018's total rapeseeds (canola) export of 188.065m USD. The annual reduction in value of Russia rapeseeds (canola) between 2017 to 2018 was 141.887 per cent.
The per year variation in the volume of Russia's rapeseeds (canola) exports between 2017 and 2019 was 130.04 pc when compared to a variation of -10.466% in the growth rate between 2018 and 2019.
Russia's share of the world's total rapeseeds (canola)'s exports in 2019 was less than 1%. The country is ranked number 15 in world exports of rapeseeds (canola).
Export markets for Russia rapeseeds (canola) ( in '000$ )
Russia's top export markets for rapeseeds (canola) are China, Sweden, Turkey, Germany and Ireland.
Import/Export Trends
Russia is a net importer of rapeseeds (canola). The annual growth of Russia rapeseeds (canola) in value between 2015 to 2019 was 10%, per annum, while annual growth in quantity was 12%, per annum.
Russia brought in 38,907 tonnes of rapeseeds (canola) in 2019.
Production
The production of rapeseeds (canola) in Russia was 6,180,960 tonnes in 2019 and is predicted to change by an average of 3.6%. The country had an estimated 4,278,723.00 hectares under rapeseeds (canola) cultivation.
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Production of other produce in the Oil Seeds category in Russia: Linseed (Flax), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds and Shea Nuts.
See the production of rapeseeds (canola) in other countries across Europe : Georgia rapeseeds (canola), Albania rapeseeds (canola), Belarus rapeseeds (canola), Bosnia and Herzegovina rapeseeds (canola), Bulgaria rapeseeds (canola), Croatia rapeseeds (canola), Czech Republic rapeseeds (canola), Estonia rapeseeds (canola), Greece rapeseeds (canola) and Hungary rapeseeds (canola).