Germany increases rapeseed imports despite large harvest

Published Sep 5, 2023

Tridge summary

Germany imported 5.74 million tons of rapeseed in the 2022/23 agricultural year, a 2% increase from the previous year despite a larger rapeseed crop. Australia remained the top supplier, while Belgium delivered a significant amount despite having a smaller national harvest. Ukraine was likely the main source of imports, with large volumes also coming from France, Poland, the Baltic States, and Romania. The high volume of rapeseed imports from Ukraine is expected to continue impacting import volumes in the following marketing year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the 2022/23 agricultural year, Germany imported about 5.74 million tons of rapeseed. This is 2% more than in the previous marketing season, although the rapeseed crop in 2022 was more abundant than a year earlier. Australia remained the number one supplier country, supplying 1.4 million tonnes. A year earlier, Germany received about 12,000 tons more. Belgium delivered about 323,000 tons to German oil mills and traders, despite a national harvest of just 32,000 tons. As in previous years, Ukrainian goods were likely to account for the largest share of these shipments, as Ghent is the delivery point for contracted goods to the Paris Stock Exchange. From there the goods are delivered directly to the Rhine River. Unlike previous marketing years, imports from the Netherlands did not play any significant role in 2022/23. France shipped about 1.1 million tons of rapeseed to Germany, about 388,000 tons more than a year earlier. This tonnage was probably actually produced in France. In ...
Source: Oilworld

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