Global: Import-export of grain, oilseeds, vegetable oil, and meal as of August 20, 2023

Published 2023년 8월 23일

Tridge summary

In the first half of the 2022/23 market year, the European Union (EU) has experienced a record-high export of sunflower oil. Out of the total volume, 318 thousand tons were shipped between April and June, with the main consumers being Iraq, India, Morocco, and South Africa. Additionally, the EU has significantly increased its export of rapeseed oil, with 562 thousand tons being shipped since the beginning of the market year, primarily to China, Norway, and Pakistan. However, there has been a slight decrease in the export of soybean oil from EU countries, with shipments mainly going to Morocco, other African nations, and the UK.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the beginning of 2022/23 MY, the EU has exported a record volume of sunflower oil Over the past three months (April-June of this year), 318 thousand tons of the product were shipped from the indicated volume, the main consumers of which were Iraq (104 thousand tons), India (28 thousand tons), Morocco (31 thousand tons ) and South Africa (26 thousand tons). Most of the sunflower oil was shipped from Bulgaria and Romania. In addition, since the beginning of 2022/23 MY, the EU has sharply increased the export of rapeseed oil - up to 562 thousand tons (in October-June 2021/22 MY - 249 thousand tons), of which 151 thousand tons were sent to China, 177 thousand tons - to Norway and 12 thousand tons - to Pakistan. However, during the period ...

Source: Oilworld