Rapeseed imports into the EU jumped by 40 percent at the expense of soybean supplies

Published 2022년 12월 25일

Tridge summary

Between July 1 and December 18 of the current agricultural season, the European Union experienced a 40% increase in rape imports compared to the same period last year, totaling 3.26 million tons. Ukraine emerged as the dominant supplier, accounting for 67.7% of the total imports with 2.2 million tons. Australia and Canada also contributed significantly with 24.4% and 4.2% of the imports, respectively. There has also been a surge in canola supplies, with the Netherlands, Belgium, and Poland being the main contributors. Conversely, soybean imports have seen a 17% decrease from the previous season, with a notable reduction in deliveries from Brazil and an increase in imports from the USA.

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

Original content

From the beginning of the current agricultural season, which began on July 1, until December 18, the member states of the European Union imported 40% more rape than in the same period last season, or 3.26 million tons, according to estimates by experts at European Commission. Of these, 2.2 million tons, or 67.7% of the entire quantity, was delivered from Ukraine. In addition, about 800 thousand tons of rapeseed were imported into the EU from Australia (24.4%) and 136.6 thousand tons (4.2%) - from Canada. Moreover, imports are picking up pace after the week of December 12-18 canola supplies rose to 116.1k tonnes from 69.7k tonnes in the previous 7-day period. The main quantities during the week were imported from the Netherlands (60.6 thousand tons), Belgium (31.6 thousand tons) and Poland (12.2 thousand tons). However, the import of soybeans into the EU in the current season has decreased significantly - by 17% compared to the same period last season to 5.06 million ...

Source: Sinor