EU countries expect an increase in rapeseed production in the 2023 season

Published 2023년 1월 10일

Tridge summary

Oil World analysts predict a surge in rape seed production in the EU for the 2023 season, with the harvest expected to rise to 19.6 million tons from 19.1 million tons in 2022. This increase is attributed to an expansion in the planted area, which is at its highest in the last five years. The largest extensions are anticipated in France and Germany, and there is also expected growth in Denmark and Sweden. However, a decrease in rapeseed cultivation is forecast for the Baltic countries, despite an overall increase in production. In contrast, Ukraine is projected to see a significant reduction in rapeseed cultivation.

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Original content

The trend towards the growth of rape seed production in the EU countries will continue in the 2023 season. In particular, the harvest is expected to reach 19.6 million tons compared to 19.1 million tons a year earlier. Such forecasts are given by Oil World analysts, writes APC-Inform. The increase in the yield of oilseeds will be due to the expansion of the planted area to the maximum indicator in the last 5 years - 5.94 million hectares compared to 5.85 million hectares in 2022. Experts forecast the main increase in area in France to 1.31 (1.23) million hectares and in Germany to 1.15 (1.08) million hectares. Against this background, oil production in these countries may increase to 4.55 million tons (+1% per year) and 4.4 million tons (+3%), respectively. In addition, analysts forecast the expansion of rapeseed acreage in Denmark and Sweden, due to which the oilseed crop is also expected to increase in this region. In turn, in the Baltic countries, the cultivated area under ...

Source: Superagronom