Last season of 2024/25 Romania imports of Ukrainian soy were record high due to lower local SFS supply

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According to Eurostat, in 2024/25 Romania imported record volume of soybeans. For September-July, 270 KMT of soybeans was imported.

Since the 2022, Ukraine turned into largest soybean supplier to Romania.

Romania is usually quite sufficient in own production of vegetable oils (sunseed and rapeseed oil). However, after several years of drought, local crushers faced local sunseed supply deficit with correspondingly high prices. Soybeans and crude sunoil imports of Ukrainian origin were aimed to replace the local deficit.

Official crop data confirmed lower Romanian sunseed area in 2025. Higher y/y yield provided a bit higher production; UkrAgroConsult estimates that exports of Romanian sunseed should be comparable to last season.

In Sep-Oct pace of sunseed exports from Romania remains high with Turkey as the key destination.

In Oct-March crushing margins of Romanian crushers and traditional EU importers of Romanian sunseed might lower unless the sunoil price increases more significantly.

Full version of the article is available to subscribers of the Weekly  ‘BLACK SEA & DANUBE OILSEED REPORT’ by UkrAgroConsult.

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Tags: prices, soybean, sunseed, Ukraine, sunflower oil, soybean oil, Romania, EU