Romania: Sunseed exports may fall by more than 50% in 2024/25

게시됨 2024년 11월 5일

Tridge 요약

Over the past decade, Romania has emerged as the leading supplier of sunseed among EU countries, satisfying stable demand and also supplying to Turkey, though exports to Turkey fluctuate based on domestic production and import policies. Approximately 80% of Romania's sunseed oilseed solvent (SFS) production is exported to the EU. The absence of sunseed imports from Russia, previously a major supplier, and new European Commission production estimates for Romania in 2024/25 reducing its production by 1.1 M mt, have made the stable production and export of SFS from Romania more crucial. The country now faces challenges such as import limitations for Ukrainian sunseed, with exports expected to drop by 60% in 2024/25, returning to 2009/10 levels. This information is detailed in the 'BLACK SEA & DANUBE OILSEED REPORT' by UkrAgroConsult.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Over the last ten years Romania became the largest supplier of sunseed among the EU countries. Each year the country meets stable demand from EU consumers, due to high competitiveness of Romanian SFS. Romanian SFS was also demanded by Turkey. However, SFS exports to Turkey change each year, depending on the domestic SFS production in Turkey and changing import regulation. Anyway, about 80% of Romanian SFS was exported to the EU countries. Currently, stable SFS production and export in Romania became even more important, as EU countries stopped to import sunseed from russia, which was the largest SFS supplier to the EU. SFS deficit is now covered mainly by Moldova, Serbia and Ukraine. In Oct., European Commission slashed Romanian 2024 SFS production by 1.1 M mt compared to previous estimate. If we consider the new official estimates, in 2024/25 MY Romania has about 500 K mt of sunseed for exports (-60% y/y), which is comparable to 2009/10 MY. Local market players may face more ...

출처: UkrAgroConsult