Germany is an important EU supplier of rapeseed oil

Published 2022년 11월 17일

Tridge summary

In the 2021/22 marketing year, German rapeseed oil exports saw a decrease for the first time after three consecutive years of increase, with a 22% drop to nearly 1.1 million tons. Despite the decline, the volume still surpassed that of the 2019/20 financial year by 13%. The Netherlands was the largest recipient, followed by Belgium, France, Denmark, and Poland. This decrease is attributed to increased domestic demand for biodiesel processing. The Union for the Promotion of Oil and Protein Plants (UFOP) expects a further decrease in the 2022/23 financial year due to changes in German greenhouse gas quota obligations. UFOP also suggests promoting sunflower cultivation to support biodiversity and regional crop rotations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

11/17/2022 | 23:24:00 | ID: 34631 | Department: Agriculture | agricultural economics Berlin (agrar-PR) - German rapeseed oil deliveries fell for the first time in the 2021/22 marketing year after having increased significantly for three years in a row. Exports were less to third countries and more to neighboring EU countries. With almost 1.1 million t, the Federal Republic exported almost 22% less rapeseed oil in 2021/22 than in the previous season. However, the volume of the 2019/20 financial year was exceeded by 13%. By far the largest recipient of rapeseed oil from Germany in 2021/22 was the Netherlands, with almost 600,000 t, which acts as the central hub for world trade in raw materials. In the previous season, however, it was a quarter more. Belgium takes second place with 86,500 t, around 17% less than in 2020/21. France, Denmark and Poland follow as important destinations. These countries received significantly more rapeseed oil than in the previous year. France bought ...
Source: Agrar

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