EU's soft wheat exports fell by 29% this season

Published 2024년 10월 17일

Tridge summary

Between July 1 and October 13, 2023, EU countries experienced a 29% decrease in soft wheat exports, totaling 6,641.0 thousand tons, due to crop failure, while durum wheat exports rose to 163.9 thousand tons. Key importers of EU soft wheat were Nigeria, Egypt, Morocco, Great Britain, and Algeria. Soft wheat imports into the EU increased by 7% to 2.6 million tons, mainly from Ukraine. The EU's soft wheat harvest was 114.9 million tons, down from 126.4 million tons the previous season, with a slight increase in durum wheat production. UkrAgroConsult provides market intelligence through its AgriSupp platform, offering a 7-day free demo access.

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

Original content

From the beginning of the current season (July 1, 2023) to October 13, the EU countries exported 6,641.0 thousand tons of soft wheat, which is 29% less than for the same period last season. This is reported by Zerno On-line agency with reference to the European Commission. Exports of durum wheat increased two and a half times to 163.9 thousand tons. The largest buyers of soft wheat of European origin were Nigeria (991.1 thousand tons), Egypt (691.7 thousand tons), Morocco (502.8 thousand tons), Great Britain (484.5 thousand tons) and Algeria (450.7 thousand tons). The export potential of European soft wheat in the current season has been severely reduced due to crop failure. According to the Organization of European Grain Traders (COCERAL), the gross harvest of soft wheat in the European Union amounted to 114.9 million tons (126.4 million tons last season). Durum production rose to 7.5 (7.4) million tons. EU soft wheat imports for the fifteen weeks of the current season rose to ...

Source: UkrAgroConsult