Rapeseed oil production slashed by 27% in 2020, largest producers
Rapeseed oil production in Ukraine reduced by 27% YoY in 2020 and totalled 107 thou. t, the Association Ukroilprom reports.
The country's largest producers in the reporting period by market share:
- Allseeds Black Sea (Allseeds): 34.2%
- Oliyar: 27.4%
- Vinnytsya Oil and Fat Plant (ViOil): 16.9%
- Delta Wilmar: 10%
- GradOil Refinery: 3.6%
- Chernivtsi Oil and Fat Plant (ViOil): 2.1%
As a result of the lower rapeseed production in 2019/20(September-August), there is still a 20% lag in export performance from the last marketing year. The decrease in rapeseed processing volumes had a negative impact on exports of rapeseed oil and rapeseed meal. The figures fell to their lowest for the last three seasons.
Learn more: TOP 10 Rapeseed Producing Countries in 2019
In the 2020 production season, rapeseed bulk yield in the country totalled 2.55 mln t on 1.11 mln ha. The crop yielded 2.29 t/ha on average.