05.07.2023 (Hellenic Shipping News) - European Union soybean imports in the 2022/23 season that ended on June 30 reached 13.02 million metric tons, down 10% from the 14.54 million tons imported in the 2021/22 season, European Commission data showed on Tuesday.

Brazil narrowly kept the lead as main soybean supplier into the EU despite a slump in volumes, with the United States gaining market shares in the bloc in 2022/23.

EU rapeseed imports in 2022/23 reached 7.35 million tons, up 33% from 5.52 million in 2021/22. Imports were boosted this season by a jump in cheap imports from Ukraine after the EU dropped its import tariffs and from Australia’s bumper crop.

Soymeal imports in 2022/23 totalled 15.77 million tons against 16.52 million the previous season.

Palm oil imports were down 19% at 3.99 million tons, against 4.92 million in 2021/22, as EU countries increasingly turned away from the vegetable oil accused of being linked to deforestation.

The EU data, based on customs figures submitted by the bloc’s 27 member countries, could be revised in the coming weeks, the Commission said.
Source: Reuters (Reporting by Forrest Crellin, editing by Sybille de La Hamaide)

https://www.hellenicshippingnews.com/eu-soybean-imports-down-10-in-2022-23-rapeseed-up-33/