European producers increased oilseed processing volumes in 2024
According to the European Association of Vegetable Oil Producers (FEDIOL), in 2024, the volume of oilseed processing in the EU and the UK reached 39.24 million tons, which is 3.2% more than in 2023.
Rapeseed processing during the period under review was 18.9 million tons (19.4 million tons in 2023), soybeans 14.1 (13.39) million tons, and sunseed 6.25 (5.25) million tons.
The total processing volumes reported by FEDIOL member companies represent about 80% of total soybean, sunflower and rapeseed processing in the EU-27 + UK.
Processing capacity decreased from 45.42 million tons in 2023 to 45.12 million tons in 2024. The reported capacity reflects only the reported capacity of FEDIOL member companies.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Turkey warns Ukraine and Russia against further attacks on ships in the Black Sea
More than 20 thsd freight wagons accumulate at Ukraine’s western rail border...
World Bank forecasts 10% rise in food commodity prices in 2026 amid global risks
Wilmar’s profit falls 25% as soybean crushing margins weaken
Brazil’s wheat imports could reach 10 mln tons, a 30-year high
Write to us
Our manager will contact you soon