Australian rapeseed imports to Germany soar

Imports of Australian rapeseed to the German market have increased recently while Canadian supplies have lost pace since January, latest figures reveal.
Although Germany's 2020 rapeseed harvest was larger than the previous year, it was nevertheless below average.
This meant that large rapeseed imports have been required again in the 2020/21 marketing year.
Canada, Ukraine and the Baltic countries were important suppliers of rapeseed in the first half of the season.
In the first quarter of this year, Canada and Ukraine contributed large volumes. Ukraine delivered more rapeseed to Germany - 169,000 tonnes - than in the same period the previous year, whereas Canada's shipments dropped almost one fourth to 87,000 tonnes.
The reason for the decline was that at the beginning of January, Canadian rapeseed stocks were already lower than in earlier years. France and the Netherlands provided larger shipments, as they usually do in the first quarter.
However, since the turn of the year, Australia has been the main origin of rapeseed for Germany.
In the first quarter of 2020, the country had provided only small volumes after significant harvest declines had substantially reduced its export potential.
In the current season, Germany received around 335,000 tonnes of Australian rapeseed in the period from January to March. This translated to a more than 150% increase over last year's period.

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