Germany is an important supplier of rapeseed oil in the EU

Published Nov 18, 2022

Tridge summary

In the 2021/22 marketing year, German rapeseed oil exports saw a decline of 22%, totaling 1.1 million tons, following three years of increasing growth. Despite the drop, the volume was still 13% higher than the 2019/20 season. The Netherlands emerged as the largest recipient, followed by Belgium, France, Denmark, and Poland. This shift is largely due to increased domestic demand for biodiesel processing. As biodiesel plays a crucial role in the colder northern European countries, particularly in the winter, and given the potential impact of war and climate change on supply, there is a call to boost sunflower cultivation in 2023 for both biodiversity and crop rotation diversity beyond canola, offering potential to bolster the region's raw material base for the biofuel industry.

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

Original content

German rapeseed oil shipments fell in the 2021/22 marketing year after three consecutive years of significant growth. Exports were less to third countries and more to neighboring EU countries. Germany exported 1.1 million tons of rapeseed oil, nearly 22% less in 2021/22 than the previous season. However, the volume of 2019/20 was exceeded by 13%. In 2021/22, the Netherlands was by far the largest destination for rapeseed oil from Germany, with nearly 600,000 tonnes, which acts as a central hub for world trade in the commodity. In the previous season, however, the amount was 25% more. Belgium ranks second with 86,500 tonnes, around 17% less than in 2020/21. It is followed by France, Denmark and Poland as important destinations. These countries received significantly more rapeseed oil than the previous year. France bought around 65,000 tonnes (+18%) and thus remained a priority sales market, with around 64,600 tonnes (+12%) going to Denmark. However, the most significant increase ...

Source: AgroForum