Rapeseed meal imports to the EU increase

Imports of rapeseed meal to the European Union rose around 16% in the first eight months of the running marketing year.
Imports from Russia increased especially sharply.
In the first eight months of the running marketing year, the EU-27 received around 681,500 tonnes of rapeseed meal, which was 95,600 tonnes more than in the same period a year earlier.
At 281,830 tonnes – which is just over 41% of total imports – imports from Russia accounted for the largest share.
In other words, imports increased around 11% from the year-earlier period. This is due to the attractive price level of Russian batches.
Belarus also contributed 208,200 tonnes, ranking second most important country of origin of EU rapeseed meal imports.
This has also had a significant impact on prices in Germany in the past weeks, after the EU Commission considered increasing import duties on oilseeds and their by-products originating from Russia and Belarus.
The proposed increase is intended to prevent the EU market from destabilising, for example due to a rapid increase in low-priced Russian imports.
At the same time, there was a remarkable increase in EU imports from Ukraine. At 143,500 tonnes, the country contributed more than double the previous year’s volume in the first eight months of the running season, moving up to third most important country of origin, followed by the United Kingdom and Serbia.
Investigations conducted by Agrarmarkt Informations-Gesellschaft (mbH) suggest that most EU rapeseed meal imports go to Lithuania and Spain, with France also receiving substantial supplies.