In 2024/25, the EU reduced purchases of all major vegetable oils

According to the European Commission, EU countries have reduced imports of all major types of vegetable oils in 2024/25.

 

Thus, in the period from July 1 to September 15, purchases decreased compared to the same period of the previous season:

• soybean oil - by 69% from 190.3 thousand tons to 58.4 thousand tons,
• rapeseed oil - by 56% from 123.8 to 54.7 thousand tons,
• palm - by 38% from 879.3 to 539.6 thousand tons,
• sunflower - by 37% from 539.9 to 339.2 thousand tons.

 

At the same time, the import of meal decreased by 6% to 13.8 million tons.

 

At the same time, the purchases of the main oil crops increased during the specified period:

• soybeans - from 2.61 to 2.62 million tons,
• rapeseed - from 770 thousand tons to 1.05 million tons,
• sunflower - from 50.3 to 85.9 thousand tons.