Almost 70% of rapeseed imports to the EU come from Ukraine

Published 2024년 10월 22일

Tridge summary

The Union for the Promotion of Oil and Grain Crops in Germany (UFOP) highlights Ukraine as the top supplier of rapeseed to the EU, contributing 960.4 thousand tons or 68% of imports, though its export potential might decline due to a smaller harvest. Australia follows as the second-largest supplier with 351.8 thousand tons, and Moldova is third with 56.2 thousand tons, primarily sourced from Ukraine. Canada, despite a large crop and limited sales to China, has not yet made significant contributions to the EU market due to restrictions on its genetically modified canola, but the biofuel market remains a potential avenue for its exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is stated in the message of the Union for the promotion of the cultivation of oil and grain crops in Germany (UFOP). It is noted that Ukraine remains the most important country of origin of rapeseed with an import volume of 960.4 thousand tons and an import share of 68% (last year — 599.4 thousand tons and 60%, respectively). However, according to experts, Ukraine is unlikely to be able to maintain these indicators in the coming months, since this year's harvest is a quarter smaller, which significantly limits the export potential. Australia ranks second among rapeseed suppliers to the EU with 351.8 thousand tons and a share of 25% of imports. This is 3% more than in the same period last year. Moldova ranks third with a volume of 56.2 thousand tons. Supplies from this country have more than halved compared to the same period last year. Analysts assume that most of this rapeseed comes from Ukraine. Canada has not ...

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