The export of Ukrainian rapeseed oil reached a record high

Published 2024년 7월 15일

Tridge summary

Ukraine has processed a record 1.0 million tons of rapeseed, accounting for 22.3% of the 2023 harvest, despite it being a primary export product. The country achieved a record rapeseed oil export of over 420 thousand tons for the July-June 2023/24 marketing year, with products finding home in China, EU countries, Malaysia, Singapore, and other countries. There has also been a positive trend in rapeseed meal exports, alongside a expected growth in soybean oil and meal exports for the January-June 2024 period. The European Union is expected to increase its rapeseed imports by 0.8 million tons.

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Original content

For the first time in all years, 1.0 million tons of rapeseed were processed in Ukraine (22.3% of the 2023 harvest), and this is despite the fact that rapeseed is considered mainly export-oriented agricultural raw materials. This was reported by the press service of the "Ukroliyaprom" Association. The export of rapeseed oil in July-June 2023/24 MR reached a record mark of more than 420 thousand tons. Ukrainian rapeseed oil confidently enters the markets of China, EU countries, Malaysia, Singapore and other countries of the world. Positive dynamics are also observed in rapeseed meal. Continuation of the ...

Source: Agrotimes