The EU has reduced imports of sunflower oil since the beginning of the season

Published 2021년 1월 4일

Tridge summary

The European Union's imports of sunflower oil have decreased by 14% in the 2020/21 marketing year, according to the European Commission. Rapeseed oil imports also fell by 10%, while palm oil imports rose by 8%. Soybean oil imports remained stable. Ukraine remains the main supplier of both sunflower and soybean oil to the EU.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the beginning of 2020/21 MY, the European Union has imported 814.23 thousand tons of sunflower oil, which is 14% less than the same period last season. This is evidenced by the data of the European Commission report, writes Latifundist.com. The supply of rapeseed oil decreased by 10% to 145.94 thousand tons. Imports of palm oil increased by 8% to 2.875 million tons, and soybean oil remained practically unchanged and amounted to 253.24 thousand tons. The total supplies of vegetable oils to the EU increased by 2% - up to 4.089 million tons. The main importer of sunflower oil to the EU countries is still Ukraine with a share of 88.2% of the total supplies (718.3 thousand tons). The European Union also purchased sunflower oil from such countries: Ukraine also remains the leading supplier of soybean oil to the EU - 39% (98.85 thousand tons). Soybean oil was also supplied to the EU from Russia (38.77 thousand tons), Norway (36.83 thousand tons), Paraguay (36 thousand tons) and ...
Source: Elevatorist

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