EU cereals, oilseeds export values plunge
The value of EU exports of cereals, oilseeds and protein crops and vegetable oils dropped in January due to reduced volumes, according to a report from the European Commission.
Cereal exports had the largest reduction in value with a drop of €466 million ($533.5 million), or 37%, compared to January 2024, mainly due to lower volumes of wheat and corn.
Exports of oilseeds and protein crops decreased by €52 million, or 22%, due to reduced volumes. Vegetable oils also decreased by €40 million, or 17%, due to reduced volumes.
Overall, EU agri-food exports reached €19 billion, an increase of 4% from January 2024. The UK was the top destination followed by the United States and Switzerland.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
Read also
Paraguay’s soybean harvest, like its exports, will decline
Invest in the Best: What Attracts Investors in Agri Today
Record barbecue prices in Argentina hit consumers’ wallets
Ukraine is the main supplier of sunflower oil to Egypt in 2025
Crude oil prices rise amid renewed tensions between the US and Iran
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon