Ukraine currently covers 86% of European sunflower oil imports

Published 2022년 3월 10일

Tridge summary

Ukraine is the leading supplier of sunflower oil to the EU-27, contributing to around 86% of the total imports in the current marketing year. However, the war in Eastern Europe and logistical issues are expected to decrease Ukraine's production, potentially causing a supply shortage within the EU. The Union zur Förderung von Oel- und Proteinpflanzen e. V. (UFOP) has highlighted the need for the EU to reassess its farm-to-fork strategy and consider the cultivation of protein crops to address the supply issue. UFOP also emphasizes the need for resilient supply chains in agriculture and urges consumers to understand the factors contributing to increased food trade prices, primarily the rise in energy and upcoming CO2 prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

03/10/2022 | 11:32:00 | ID: 32524 | Department: Agriculture | agricultural economics Berlin (agrar-PR) - By far the largest supplier of sunflower oil to the EU-27 is Ukraine. Bombed and blocked ports, an export ban and a lack of new sowing for this year's harvest are likely to limit supply in the current marketing year considerably. In view of the war in Eastern Europe and the lack of deliveries from the Black Sea region, the effects on the supply situation within the EU-27 are becoming increasingly clear. Ukraine is the largest supplier of sunflower oil to the European Union. According to research by Agrarmarkt Informations-Gesellschaft (mbH), a total of around 1.7 million t were imported in the 2020/21 marketing year, of which 1.5 million t and around 88% came from Ukraine. In the 2019/20 season, Ukraine had a smaller share of EU imports, delivering 2 million tonnes more than in the previous season. In the current marketing year, the EU-27 imported a total of around 1.27 million ...

Source: Agrar