European Union soybean imports in 2023/24 fell by 4% as of October 15, and rapeseed imports fell by 38%

Published 2023년 10월 17일

Tridge summary

European Union soybean imports in the current campaign are 4% lower than the previous year, while rapeseed imports have decreased by 38%. There is also a 3% decline in soybean meal imports and a 6% decrease in palm oil imports compared to a year ago. The top five EU supplier countries for soybeans are Brazil, the United States, Ukraine, Uruguay, and Canada, while for rapeseed they are Ukraine, Australia, Moldova, Serbia, and the United Kingdom.

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

Original content

PARIS, (Reuters) - European Union soybean imports so far in the 2023/24 campaign, which began in July, reached 3.16 million metric tons as of October 15, 4% less than 3.29 million from the previous year, data published by the European Commission showed on Tuesday. EU rapeseed imports in the same period amounted to 1.23 million tonnes, 38% less than the 1.98 million the previous year. Soybean meal imports so far in 2032/24 were 4.43 million tonnes, 3% less than 4.57 million a year ago, while palm oil imports stood at 1. 02 million tons, 6% less than a year before, when they were 1.08 million. The European Commission listed the following top five EU supplier countries by product so far in 2023/24 compared to the previous year period: SOYBEANS 2023/24 2022/23 Origin tons quota tons quota Brazil 1,652,649 52.3% 1,619,186 49.2% United States 1,251,136 39.6% 1,155,908 35.1% Ukraine 151,243 4.8% 217,566 6.6% Uruguay 34,640 1.1% 117,047 3.6% Canada 31,031 1.0% 102,442 3.1% RAPE 2023/24 ...

Source: Elperiodicodemexico