EU: Import-export of grains, oilseeds, vegetable oil, meal as of 29/09/2024

Published 2024년 10월 2일

Tridge summary

The European Union's agricultural trade for the 2024/25 season shows a mixed trend. Soybean imports increased by 1% to 2.99 million tonnes, rapeseed imports rose by 13% to 1.19 million tonnes, and soybean meal imports grew by 11% to 4.29 million tonnes. Conversely, palm oil imports dropped significantly by 36% to 645,000 tonnes. On the export side, soft wheat exports fell by 26% to 6.14 million tonnes, and barley exports decreased by 34% to 1.52 million tonnes. Romania leads in soft wheat exports to the EU, followed by Lithuania, Bulgaria, Latvia, and France. However, export data for Italy, France, Bulgaria, and Ireland is incomplete for various periods.

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

Original content

The European Union’s soybean imports for the 2024/25 season, which began in July, reached 2.99 million tonnes as of September 29, up 1% from 2.95 million tonnes a year earlier, data released by the European Commission showed on Tuesday. EU rapeseed imports for the same period totalled 1.19 million tonnes, up 13% from the 1.05 million tonnes imported at the same stage a year earlier, oilworld.ru reported. EU soybean meal imports have reached 4.29 million tonnes this season, up 11% from a year earlier, while the EU’s palm oil imports totalled 645,000 tonnes, down 36%, the data showed. EU soft wheat exports since the start of the 2024/25 season in July reached 6.14 million metric tonnes as of September 29, down 26% from a year earlier. EU barley exports totalled 1.52 million tonnes, down 34% on the same period in 2023/24. Analysis of this season's volumes shows that Romania is the leading exporter of soft wheat to the EU with 2.04 million tonnes, followed by Lithuania with ...

Source: Oilworld