Since the beginning of July, imports of meals to the EU have been declining

Published 2023년 11월 23일

Tridge summary

Imports of meal into EU countries from July to August 2019 decreased by 7% compared to the same period last year, according to the European Commission (EC). This decline was driven by a decrease in imports of soybean and sunflower meal, while imports of rapeseed meal increased by 52%. Brazil was the largest supplier of soybean meal to Europe, followed by Argentina and the USA, while Russia and Belarus were the leaders in rapeseed meal exports and Ukraine and Argentina were the largest suppliers of sunflower meal.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From July 1 to August 19 this year, the EU countries reduced the volume of imports of meal to 7.03 million tons, which is 7% less than in the same period last year. Such data was published by the European Commission (EC) in its monitoring. It is specified that the decline in supplies occurred against the background of a decrease in imports of soybean and sunflower meal – to 5.71 mln tonnes (-10% yoy) and 928.5 thsd tonnes (-1%), respectively. At the same time, imports of rapeseed meal to the EU, on the contrary, increased significantly – by 52%, to 392 thsd tonnes. According to the EC, Brazil supplied the largest amount of soybean meal to Europe in the reporting period – 3.84 mln tonnes (67.3% share). Argentina is next with 981.5 thsd tonnes (17.2%), and the USA is the third with 265.85 thsd tonnes (4.7%). Russia and Belarus remain the leaders in the structure of rapeseed meal exports to the EU – 166.25 thsd tonnes (42.4%) and 109.5 thsd tonnes (27.9%), respectively. In addition, ...

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