Ukraine currently covers 86% of European sunflower oil imports

Published 2022년 3월 11일

Tridge summary

Ukraine is the leading supplier of sunflower oil to the European Union, accounting for 86% of the total imports in the 2021/22 marketing year with around 1.09 million tonnes. The Union for the Promotion of Oil and Protein Plants (UFOP) has highlighted that an abrupt cessation of imports from Ukraine could potentially cause a serious supply issue for the EU. To address this, UFOP suggests evaluating the cultivation of protein crops on set-aside areas and revising the farm-to-fork strategy to emphasize sustainable intensification. Additionally, they recommend focusing on the resilience of supply chains in agricultural policy and encourage farmers to offer cultivation and supply contracts early to support the farm-to-fork strategy.

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

Original content

Ukraine is the largest supplier of sunflower oil to the European Union. According to research by Agrarmarkt Informations-Gesellschaft (mbH), a total of around 1.7 million t were imported in the 2020/21 marketing year, of which 1.5 million t and around 88% came from Ukraine. In the 2019/20 season, Ukraine had a smaller share of EU imports, delivering 2 million t more than in the previous season. In the current marketing year, the EU-27 imported a total of around 1.27 million tonnes of sunflower oil by the end of February, according to the Union for the Promotion of Oil and Protein Plants (UFOP). 1.09 million t of this came from the Ukraine, which corresponds to a market share of 86%. Moldova, Bosnia Herzegovina and the United Kingdom follow in the order of suppliers with 7% each. UFOP emphasizes that if imports from Ukraine were to stop completely and in the medium term in view of the export ban, the European Union would face a serious supply problem. Sunflower imports to the ...

Source: Top Agrar Online