Germany’s rapeseed imports rose in 2016/17

In Germany, UFOP reports that German exports of rapeseed oil hit a record high in the 2016/17 marketing year. Both EU member states and third countries purchased considerably more rapeseed oil than a year earlier. Germany’s exports of rapeseed oil saw a significant rise for the third consecutive year in 2016/17, the Federal Statistical Office reported. At around 1.2 million tonnes, sales to foreign counties were up almost 13 per cent from 2015/16. Just about 92 per cent of these exports went to other EU countries, which was up 14 per cent year-on-year. Purchases by the hub of international trade and number one purchaser of German rapeseed oil, the Netherlands, amounted to 592,600 tonnes. This was around 22 per cent more than the previous year’s level. Polish imports climbed just less than 28 per cent to 208,000 tonnes. Belgium occupied third place among the main recipients, with an import volume of 91,300 tonnes and a 5 per cent increase in rapeseed oil imports. According to information published by Agrarmarkt Informations-Gesellschaft mbH, the EFTA states (Iceland, Norway, Switzerland) purchased slightly less rapeseed oil than a year ago (78,200 tonnes). By contrast, Slovenia’s imports sextupled to 10,600 tonnes.