EU: Import-export of grains, oilseeds, vegetable oil and meal as of November 3, 2024

Published Nov 6, 2024

Tridge summary

The European Union's agricultural imports for the 2024/25 season have seen mixed changes compared to the previous year. Soybean imports increased by 2% to 4.03 million tonnes, rapeseed imports rose by 8% to 1.92 million tonnes, and soybean meal imports increased by 10% to 5.92 million tonnes. On the other hand, palm oil imports decreased by 23% to 1 million tonnes. EU grain export data, especially from Italy and France, were incomplete, making it challenging to track the complete picture of the region's grain trade dynamics for the 2024/25 season.

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

Original content

The EU's soybean imports for the 2024/25 season, which began in July, reached 4.03 million tonnes as of 3 November, up 2% on a year earlier, while the EU's rapeseed imports for the same period stood at 1.92 million tonnes, up 8% on the previous year. The EU's soybean meal imports reached 5.92 million tonnes this season, up 10% on the previous year, while the EU's palm oil imports fell by 23% to 1 million tonnes. EU soft wheat exports since the start of the 2024/25 season in July reached 7.76 million tonnes as of 3 November, compared with 11.33 million tonnes a year earlier, barley exports amounted to 1.70 million tonnes against 2.77 million tonnes in the same period of the 2023/24 season, while EU maize imports amounted to 6.65 million tonnes against 6.17 ...

Source: Oilworld