EU-27 imports less palm oil

Published Jul 19, 2023

Tridge summary

EU member states, including the Netherlands, Italy, and Belgium, imported significantly less palm oil in the 2022/23 marketing year compared to the previous year. Spain was the largest receiver of palm oil in the EU, while the Netherlands experienced the biggest decline in imports. The Union for the Promotion of Oil and Protein Plants (UFOP) welcomes the decrease in palm oil imports but raises concerns about the increasing import of questionable biofuels from China into the EU.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

07/19/2023 | 16:24:00 | ID: 36938 | Department: Agriculture | agricultural economics Berlin (agrar-PR) - The EU member states imported significantly less palm oil in the 2022/23 marketing year than in the previous year. The decline in imports was particularly noticeable in the Netherlands, Italy and Belgium. From July 2022 to the end of June 2023, the EU-27 imported almost 4 million tonnes of palm oil and thus around 934,000 tonnes or 19% less than the year before. The most important receiving country in the Union is Spain, which received 1.2 million tonnes, around 4% more than in the 2021/22 marketing season. The Netherlands follows in second place among the largest importers with 1.2 million t. Here, however, the previous year's volume of 1.4 million t is missed by almost 19%. When describing Dutch imports, it should be noted that ports such as Rotterdam or Amsterdam are central receiving points for overseas imports and are considered entry points into the EU, from where palm ...
Source: Agrar

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