EU sunflower production in 2023 is expected to increase by 18%

Published 2023년 4월 26일

Tridge summary

Recent good rainfall in Europe since early March 2023 is expected to boost seeded crops, aiding a 10% increase in the EU sunflower crop, reaching 48 million tonnes, a 5-year high. The Consortium of Grains (COCERAL) predicts the EU27 sunflower production to hit 11.2 million tonnes, thanks to increased production in Bulgaria, Romania, and Hungary. With global sunflower consumption projected to grow by 4% to 55.2 million tonnes, the expected EU crop size is expected to meet the demand, potentially shifting demand from canola oil to sunflower oil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The good rainfall since early March 2023 has come at the right time and bodes well for seeded crops. The EU sunflower crop in 2023 is about 90% complete, expected to increase by 10% compared to the five-year average, to 48 million tonnes of hectares, due to the transition from maize to sunflower cultivation in the regions. areas affected by drought. The Consortium of Grains, Rice, Animal Feed, Oilseeds, Olive Oil, Oils and Fats and Agricultural Trade (COCERAL) forecasts the 2023 crop EU27 sunflower production to reach 11.2 million tonnes. , slightly higher than the forecast of the EU commission. Previously, Tridge estimated production at 11 million tonnes based on weather irregularities and the impact on the crop. The EU sunflower production is forecast to increase due to a 4% increase in Bulgaria's production to 2.12 million tons, a 40% increase in Romania's production to 1.83 million tons and a 60% increase in Hungary's production to 1.84 million tons. So far, in these top 3 ...
Source: Vinanet

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