Ukraine, Zaporozhye, 3 Peschanaya str.
Kazakhstan, Nur-Sultan, 35/1 Zhetigen str.
3s Company

Positions of Ukrainian rapeseed in the European market will grow stronger

Positions of Ukrainian rapeseed in the European market will grow stronger

Positions of Ukrainian rapeseed in the European market will grow stronger

According to analysts of OilWorld, the production of rapeseed on the territory of Ukraine can be even more than 2.6 million tons (the figure of the previous year). It will be possible to say more precisely after two or three months due to the weather conditions.

Such information was provided by the information portal «ProAgro».

If the harvest achieves the projected figure, then this figure will take the second place since 2008. In 2008, 2.87 million tons of rape were harvested. The main reasons due to which such a good rapeseed harvest is expected is a constant increase in the areas under this crop, as well as the yields figure, which is above the average. According to information from manufacturers, today the conditions for cultivating this crop are the best since 2014.

As a result, an increase in the export of rape from Ukraine in the next marketing year by 200-300 thousand tons is expected, which will give impetus to a more serious competition between rape producers in the EU market.

According to analysts’ assumptions, the main advantage of Ukrainian rapeseed, which will allow it to strengthen its positions in the EU market, is a low price.

Ukrainian rapeseed is known for its high quality and competitive price, making it in high demand in the European market. Ukraine actively increases rapeseed production and ensures its high quality. However, despite the strengthening positions of Ukrainian rapeseed in the European market, it is necessary to consider the volatility of the global market and take measures to maintain export stability. It is important to continue developing rapeseed production and ensuring its high quality to meet the needs of the global market.

Moreover, Ukrainian rapeseed is an important component in biofuel production, which also contributes to the development of the country’s economy and the region. Increasing the production and export of Ukrainian rapeseed can lead to the creation of new jobs and improve the socio-economic situation in the country.