Ukraine increases meal deliveries to the EU

Published Aug 26, 2024

Tridge summary

The European Union imported a total of 19.75 million tons of meal, including sunflower, soybean, and rapeseed, in the 2023/24 marketing year, marking a 1% increase from the previous season, as reported by the European Commission. Despite the overall slight increase, there was an 18% rise in sunflower meal imports and a decrease in soybean and rapeseed meal imports by 2% and 3% respectively. Ukraine's share as a supplier of these products also increased, contributing to 11% of all import batches and supplying 2.1 million tons, up from 5% in the 2021/22 marketing year. There was a significant increase in the import of meal from Ukraine, with soybean meal imports increasing by 33%, rapeseed meal by 2.1-fold, and sunflower meal by 14%.

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

Original content

According to the results of the 2023/24 MR (July-June), the EU countries imported a total of 19.75 million tons of the main types of meal (sunflower, soybean and rapeseed). This indicator turned out to be only 1% more than the volume of imports in the previous season. This is reported by APC-Inform, referring to the updated data of the European Commission. At the same time, the structure of imports recorded an increase of 18% compared to the previous season in the volume of imports of sunflower meal and a decrease of imports of soybean and rapeseed meal by 2% and 3%, respectively. An increase in the volume of imports of meal from Ukraine and an increase in its share as the main supplier of these products are also noted. In particular, according to the results of the 2023/24 MR, according to the data of the European Commission, Ukraine provided 11% of all import batches of the main types of meal, supplying 2.1 million tons of these products to EU countries. In 2021/22 MR, this ...

Source: Agrotimes