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Ukraine: Rapeseed imports to the EU should increase by 0.8 million tons

Rape Leaves

Canola Seed & Rapeseed

Nuts & Seeds

Ukraine

Trade Policies

Published Jul 12, 2024

Tridge summary

Ukraine is looking to increase its rapeseed and processing product exports to the EU, with an expected increase in imports by the EU next season. Despite a ban on rapeseed imports by some EU countries, the geographical structure of imports for the 2023/24 marketing season has not significantly changed. Ukrainian processors export rapeseed oil to China and Malaysia, and rapeseed meal to Israel and China.

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

Original content

EU countries play an important role in realizing the export potential of Ukraine both in the market of rapeseed and its processing products. Oil market analyst Svitlana Kupreyeva of the UkrAgroConsult company told about this in an interview with The Ukrainian Farmer magazine. According to her, Ukrainian processors export part of rapeseed oil to China and Malaysia, and rapeseed meal to Israel and China. The analyst noted that next season imports to the EU should increase by 0.8 million tons (up to 6.3 million tons), which for Ukraine in terms of territorial proximity, a decrease in harvest and high processing will be a guarantee of realizing the export potential. "I will say briefly about the consequences of the ban on the import of rapeseed to ...

Source: Agrotimes