Rapeseed is an oil crop that allows not only to produce rapeseed oil, but also to be a raw material for biodiesel production. Against the background of rising energy prices and the simultaneous limited supply of vegetable oils of various kinds, the world is experiencing an increase in rapeseed production and growing world trade. This is reported on the UCAB facebook page .
Ukraine is actively involved in providing the world with this type of oilseeds. Yes, according to the results of 2021, we rank 3rd in the ranking of the world’s largest exporters of rapeseed.
If we consider the TOP-5 largest exporters of rapeseed in the world in 2021, it looks like this:
▪ №1: Canada with a volume of 8.4 million tons;
▪ №2: Australia – 3.5 million tonnes;
▪ №3: Ukraine – 2.7 million tons;
▪ №4: The Netherlands – 1.6 million tons;
▪ №5: France – 1.3 million tons
In 2020, Ukraine managed to be in second place in the world ranking of the largest exporters of rapeseed. Although Ukrainian exports have not changed much in 2021, Australia has managed to move Ukrainian farmers down one step, doubling its rapeseed exports.
At the same time, Ukraine remains the largest exporter of rapeseed in Europe.
For the 2022 harvest, Ukraine sowed 1.4 million hectares of winter oilseed rape, which is 40% more than the previous year. At the beginning of summer, the condition of rapeseed crops is good and you can expect a good gross harvest.However, the issue of Ukraine’s export logistics capabilities due to the blockade of seaports by Russian troops remains open. Unfortunately, alternative export routes do not allow the export of all necessary agricultural products intended for export. Due to this, there are problems both for Ukrainian farmers (lack of much-needed financial resources to ensure further activities) and the world community (lack of necessary agricultural products, including rapeseed). Therefore, unblocking Ukrainian sea routes is a priority for both sides.