EU: Wheat exports see 11% growth while soybean imports decline in the 2022/23 season

Published 2023년 6월 1일

Tridge summary

The European Union's soft wheat exports for the 2022/23 season increased by 11% to 28.40 million tonnes compared to the previous year, while barley exports saw a decrease of 13%. Maize imports surged by 61% due to a technical issue and the impact of last year's drought and increased grain influx from Ukraine. France remained the leading soft wheat exporter, and Spain led in maize imports. Meanwhile, EU soybean imports experienced a 12% decrease, but rapeseed imports rose by 40%. Soymeal and palm oil imports also saw a decrease of 4% and 22% respectively compared to the previous season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Soft wheat exports from the European Union in the 2022/23 season that started in July had reached 28.40 million tonnes by May 27, up 11% from 25.47 million a year earlier, data published by the European Commission showed. EU barley exports so far in 2022/23 totalled 5.93 million tonnes, down 13% from 6.84 million a year ago, while EU maize imports were at 24.34 million tonnes, up 61% against a year-earlier 15.14 million. Due to a technical issue, the weekly data ran up to Saturday, rather than Sunday as normally, the Commission said. Soft wheat imports were at 8.23 million tonnes, 243% above the year-earlier level, while barley imports had reached 1.91 million tonnes, up 119% on year. EU cereal imports have surged following a drought-hit harvest last year and amid an influx of grain from Ukraine that has led to temporary restrictions on shipments to eastern EU countries. A breakdown of the EU data showed France remained by far the biggest EU soft wheat exporter this season, with ...

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