Global vegetable oil imports to exceed 82 mln tons in 2025/26 season — USDA
In the 2025/26 season, global imports of the main types of vegetable oils will exceed 82 million tons for the first time, according to a new review of the world oilseed market prepared by the US Department of Agriculture (USDA).
Compared to 2024/25, imports are expected to grow by almost 2 million tons. In particular, trade in palm (+1.46 million tons), sunflower (+770 thousand tons) and rapeseed (+440 thousand tons) oils is expected to grow, while global imports of soybean oil will decrease (-760 thousand tons).
India will retain its position as the largest importer of vegetable oils, which in the 2025/26 season is expected to increase purchases by 0.7 million tons, to 16.66 million tons.
China will increase its imports of vegetable oils by 1.07 million tons to 9.79 million tons, which will allow it to overtake the EU and take second place among importers of major vegetable oils.
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.
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