EU 2024/25 soybean imports up 9% by Nov 17, rapeseed up 16%
Adds year-on-year variations, background and main countries for imports
Nov 19 (Reuters) -European Union soybean imports so far in the 2024/25 season that started in July had reached 4.75 million metric tons by Nov. 17, up 9% compared with 4.36 million tons a year earlier, data published by the European Commission showed on Tuesday.
EU rapeseed imports in the same period totalled 2.34 million tons, up 16% from 2.02 million a year earlier, while soymeal imports reached 7.08 million tons, 23% above the 5.76 million imported by the same time the previous year.
EU palm oil imports were at 1.22 million tons, down 16% against from 1.45 million tons a year earlier.
The main supplier countries for EU soybean, rapeseed, soymeal and palm oil imports were given as follows:
SOYBEAN IMPORTS | 2024/25 | 2023/24 | |||
Origin | tons | share | tons | share | |
Brazil | 2,394,953 | 50.4% | 1,733,832 | 39.7% | |
USA | 1,752,517 | 36.9% | 1,910,488 | 43.8% | |
Ukraine | 418,161 | 8.8% | 329,453 | 7.5% | |
Canada | 146,094 | 3.1% | 185,696 | 4.3% | |
Togo | 17,988 | 0.4% | 29,587 | 0.7% |
RAPESEED IMPORTS | 2024/25 | 2023/24 | |||
Origin | tons | share | tons | share | |
Ukraine | 1,634,544 | 70.0% | 1,293,301 | 64.1% | |
Australia | 474,053 | 20.3% | 366,915 | 18.2% | |
Moldova | 74,656 | 3.2% | 210,821 | 10.4% | |
Canada | 67,529 | 2.9% | 42,447 | 2.1% | |
Serbia | 39,980 | 1.7% | 86,266 | 4.3% |
SOYMEAL IMPORTS | 2024/25 | 2023/24 | |||
Origin | tons | share | tons | share | |
Brazil | 3,545,479 | 50.1% | 3,847,511 | 66.8% | |
Argentina | 2,739,525 | 38.7% | 1,025,470 | 17.8% | |
Ukraine | 197,839 | 2.8% | 135,715 | 2.4% | |
India | 164,434 | 2.3% | 370 | 0.0% | |
Paraguay | 134,702 | 1.9% | 220,267 | 3.8% | |
PALM OIL IMPORTS | 2024/25 | 2023/24 | |||
Origin | tons | share | tons | share | |
Indonesia | 391,896 | 32.2% | 485,565 | 33.5% | |
Malaysia | 259,106 | 21.3% | 348,719 | 24.1% | |
Guatemala | 163,553 | 13.4% | 228,294 | 15.8% | |
Papua New Guinea | 119,488 | 9.8% | 83,944 | 5.8% | |
Honduras | 88,493 | 7.3% | 130,453 | 9.0% | |
Reporting by Nathan Vifflin, Olivier Cherfan and Sybille de La Hamaide; Editing by Emelia Sithole-Matarise and David Evans
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