EU and China share Ukrainian rape oil exports almost equally

27 June, 2019 at 11:06

Rapeseed oil exports in September-May 2018/19 were the second highest at 147 KMT. The rise in exports stems from boosted crush (up 74% year-on-year), reports UkrAgroConsult.

The EU and China are the biggest importers with their market shares equaling 53% and 47%, respectively.

Purchases by EU countries jumped by 48% from last season, while China increased imports almost nine-fold. The Netherlands and Poland are the biggest importers among European countries.

Switzerland and Estonia joined the ranks of importers this season.

Countries such as Austria, Bulgaria, Hungary, Germany and France resumed purchases of the Ukrainian commodity.