HS Code:
The category of rape or colza seeds (HS Code: 1205) encompasses seeds primarily used for the extraction of rapeseed oil, which is widely utilized in food production, animal feed, and increasingly in biodiesel production. These seeds are a critical agricultural commodity in global trade due to their versatility and high oil content. Rapeseed is cultivated in various climates, with major production centered in temperate regions. The trade of rape or colza seeds is influenced by agricultural policies, climate conditions, and demand for sustainable biofuels.
Total Trade Volume
USD 15.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
38% (India)
Lowest Rate
0% (EU internal trade)
Rising demand for biodiesel
Increased cultivation and export from major producers like Canada and Australia due to renewable energy policies in Europe and North America.
2021-2022
Climate change impacting yields
Erratic weather patterns in key producing regions like Ukraine have led to supply volatility, affecting global prices.
2020-2022
Shift towards non-GMO seeds
Growing consumer preference for non-GMO products in the EU has influenced trade patterns, favoring exporters with certified non-GMO seeds.
2019-2022
The EU updated its Renewable Energy Directive to increase the share of biofuels, boosting demand for rapeseed oil and seeds.
March 2023
Positive for exporters like Canada and Australia, with a projected 10% increase in EU imports over the next two years.
The ongoing conflict has disrupted Ukraine's rapeseed exports, a major supplier to Europe, due to port blockades and damaged infrastructure.
February 2022 - Ongoing
Significant supply shortages in Europe, leading to price spikes and increased imports from alternative suppliers like Australia.
India raised tariffs on imported edible oils, indirectly affecting rapeseed trade as domestic demand for seeds for oil extraction grows.
September 2022
Potential increase in domestic production in India, reducing reliance on imports and affecting global exporters.