Germany has doubled its purchases of rapeseed in Ukraine

Published 2024년 3월 31일

Tridge summary

Germany stands as the EU's largest net importer of rapeseed, with Ukraine emerging as its top supplier despite the ongoing conflict, nearly doubling its exports to Germany from the previous year. Other significant sources include Romania, Poland, and France, while imports from traditional suppliers like Canada and Australia have seen a notable decline. Germany processes approximately 9.4 million tons of rapeseed annually in its oil refineries, resulting in a modest export volume mainly to other EU nations. The current season has observed a reduction in both imports and exports compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was reported by the German Union for the Promotion of Oil and Vegetable Proteins (UFOP) with reference to the data of the Federal Statistical Office. So, the most was imported from Romania - 696.6 thousand tons, Poland - 523.2 thousand tons, France - 303.9 thousand tons. "However, Germany received the largest volume from Ukraine — 995.6 thousand tons (2022/23 MR — 519.5 thousand tons). The country was able to almost double its supplies compared to the previous year despite the war and continue to maintain its position as Germany's most important supplier of rapeseed," the report says. Other important sources of canola have traditionally been Canada and Australia, although the former did not provide significant volumes in the mentioned period for the first time in 5 years. Supplies from Australia also fell to 165,800 tonnes, which is significantly less than the 405,000 tonnes of Australian rape received in the first half of last season. According to the results of the ...

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