Rapeseed processing in the European Union shows record volumes again

Source:  Elevatorist.com
ріпак

In the fourth quarter of 2023, rapeseed processing in the EU amounted to 6.38 mln tonnes, which corresponds to the record figures of the same period last year – 6.41 mln tonnes. This was the estimate of production by Oil World.

The biggest increase in rapeseed processing was in:

  • Germany (+0.8 mln tons),
  • The Netherlands (+0.2 mln tons),
  • Czech Republic (+0.2 mln tons),
  • Poland and France (+0.1 mln tons each).

Experts also noted that the total volumes of oilseeds processing in the EU in October-December 2023 amounted to 12.2 mln tonnes, which corresponds to the last year’s figures. However, in January-September, the EU countries showed the significant increase in processing, so the total amount of oilseeds processed in the EU was 48.2 mln tonnes, which exceeds both the result of 2022 (46.7 mln tonnes) and the average for the last 5 years (46.2 mln tonnes).

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