Trade4go Summary
Ukraine has the potential to increase its rapeseed exports to the EU by 0.8 million tonnes, reaching a total of 6.3 million tonnes, due to lower harvests and higher processing costs, according to Svitlana Kupreeva, an oilseed market analyst at UkrAgroConsult. Despite Poland, a former top importer, being removed from the list of Ukrainian rapeseed buyers, the geographical structure of imports for the 2023/24 marketing year has not significantly changed. Ukrainian processors export rapeseed oil to China and Malaysia, and rapeseed meal to Israel and China.
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Original content
The EU countries play an important role in realizing Ukraine’s export potential both in the rapeseed market and in the market of its processed products. This was stated by Svitlana Kupreeva, the oilseed market analyst at UkrAgroConsult, in an interview with The Ukrainian Farmer. According to her, Ukrainian processors export a part of rapeseed oil to China and Malaysia, and rapeseed meal to Israel and China. The analyst noted that next season, imports to the EU should increase by 0.8 mln tonnes (up to 6.3 mln tonnes), which will be the key to realization of the export potential for Ukraine in the context of territorial proximity, lower harvest and high processing. “I will briefly say about the consequences of the ban on rapeseed imports to some EU countries – Poland has disappeared from the ...