In the current season, the EU imported more than 3 million tons of rapeseed and 5 million tons of soybeans
Canola Seed & Rapeseed
Soybean
Published Dec 24, 2022
Tridge summary
According to European Commission experts, from December 12 to 18, EU countries imported 116.1 thousand tons of rapeseed, which is higher than the previous week (69.7 thousand tons). At the same time, the Netherlands (60.6 thousand tons), Belgium (31.6 thousand tons) and Poland (12.2 thousand tons) imported the main volumes of oil during the specified period. In general, from the beginning of the current MR (July 1 - December 18), EU countries imported 3.26 million tons of rapeseed, which is 40% higher than in the same period of the previous season (2.33 million tons).
Original content
2.2 million tons of this volume were delivered from Ukraine, which is 67.7% of total imports. In addition, almost 800,000 tons of oilseeds were delivered from Australia (24.4%) and 136,600 tons - from Canada (4.2%). It is also worth noting that in the current season, the EU imported 5.06 million tons of soybeans, which is 17% less than in the same period of the previous fiscal year (6.07 million tons). At the same time, during the specified period, Brazil significantly reduced supplies of oil to the countries of the block - to 1.7 million tons compared to 3.4 million tons of the previous MR, while reducing the share of total imports from 56% in the 2020/21 MR to 34% in the current MR. For its part, the USA increased soybean supplies to EU countries to 2.2 (1.7) million tons, and the share of the American oil mill in the total volume increased from 29.5% to 44%. India significantly increased soybean meal exports in November According to experts from the Solvent Extractors' ...
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