Ukraine maintains the leadership in the supply of oilseeds to the EU
In July-September 2022/23, the European Union increased its purchase of oilseeds by 16% to 5.4 million tons, according to Eurostat data.
Thus, during the specified period, Ukraine sent 1.68 million tons of oil to EU countries, increasing the supply by 88%. Next comes Brazil with an indicator of 1.63 million tons (+2%) and the USA — 1 million tons (+7%).
The share of Ukraine for the specified period, compared to the average 5-year indicator, increased from 19% to 31%.
Our country is also a leader in the supply of vegetable oils to the EU. During the 4 months of the season, Ukraine exported 513,000 tons (+19%) of oils to Europe out of 1.95 million tons of total European imports. The share in supplies increased from 20% to 26%.
Read also
Soybean price gap between US and Brazil continues to narrow
EU farm subsidy model will not withstand Ukraine’s accession — Rabobank
Africa’s population growth creates new opportunities and challenges for the agricu...
Argentina exports over 1 mln tons of sunflower seeds since the start of the year
Corn prices in Ukraine remain stable in anticipation of increased demand from the EU
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon