The EU has reduced imports of rapeseed, but Ukraine retained its leadership in supplies

Published Jan 6, 2021

Tridge summary

In the first half of the 2020/21 marketing year, rapeseed imports by EU countries decreased by 6% compared to the previous year, totaling 3.53 million tons. The majority of these imports were received by the Netherlands, Belgium, Germany, and France, with Ukraine and Canada being the main suppliers, contributing 60% and 34% of the imports, respectively. However, EU rapeseed exports saw a decrease, while rapeseed oil imports were reduced by 16% to 149 thousand tons, with Poland being the main importer. On the other hand, EU rapeseed oil exports experienced a significant increase of 92% compared to the previous year, with Germany and Belgium being the main exporters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The EU countries for 6 months of 2020/21 MY imported 3.53 million tons of rapeseed, which is 6% less than in the same period a year earlier (3.77 million tons). This is evidenced by the data of experts of the European Commission, writes "APK-Inform". According to analysts, the main volumes of oilseed in the first half of the season were imported by the Netherlands - 26% (928 thousand tons), Belgium - 23% (796 thousand tons), Germany - 18% (642 thousand tons), France - 18% ( 638 thousand tons) and Great Britain - 7% (253 thousand tons). In turn, 60% of the rapeseed imported into the EU was provided by Ukraine (2.13 million tons) and 34% (1.2 million tons) - by Canada. Exports of European rapeseed in the current MY decreased to 8.8 thousand tons compared to 10.7 thousand tons in the previous season and 42 thousand tons in the first half of 2018/19 MY. At the same time, the countries of the block for 6 months of 2020/21 MY reduced the import of rapeseed oil to 149 thousand tons ...

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