Trade4go Summary
Ukrainian rapeseed exports in the first half of the 2024/25 marketing year reached nearly 2.8 million tons, a 4% increase from the same period in the previous season and the second largest volume for that period in history. The increase in exports was driven by a decrease in oilseed crop in the EU, high demand from European processors, and attractive prices for Ukrainian producers. Over 92% of these exports were shipped to the European Union. However, exports are expected to decrease to a three-year minimum by the end of the 2024/25 season due to a lower rapeseed harvest in Ukraine and the depletion of its reserves.
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Original content
According to operational data, Ukrainian rapeseed exports in the first half of the 2024/25 MY (July 1-December 29) reached almost 2.8 million tons, which exceeded the indicator in the same period of the last season by 4% and became the second largest volume for the first half of the MY in history after the indicator of 2022/23 MY (3.1 million tons), writes APK-Inform. The active increase in rapeseed exports in this direction was facilitated by the decrease in the oilseed crop in the EU, high demand from European processors and attractive prices for Ukrainian producers. Thus, a little more than 2.5 million tons (+5% compared to 2023/24 MY), or 92% of the total Ukrainian rapeseed exports, fell to the European Union countries. At the same time, it should be noted that the volume of oilseed shipments has been decreasing for the 4th month ...