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German exports of oilseed meal increase

Exports of both rapeseed and soybean meal rose sharply in the period from July to November 2023 compared to the previous year.

 



The commodities were mainly sold to other EU countries.

 



According to information published by the German Federal Statistical Office, Germany exported a total of 783,000 metric tons of rapeseed meal in the period July to November 2023.

 



This translates to a 30 percent rise on the same period in 2022.

 



Exports of soybean meal also increased during this period, though less strongly.

 



At 738,000 tons, Germany delivered around 8 percent more than in the period July to November 2022.

 



According to investigations conducted by Agrarmarkt Informations-Gesellschaft (mbH), the largest share of German rapeseed meal went to other EU countries.

 



The Netherlands was the main buyer, as it was in previous years.

 



From the Dutch ports, the commodities are then shipped around the world.

 



From July to November 2023, Germany sold around 333,900 tons to this neighboring country.

 



This was up around 32 percent year-on-year.

 



Denmark ranked second among the most important recipients, with shipments growing just less than 8 percent to around 92,000 tons.

 



German deliveries to Finland rose as much as 45 percent to 78,800 tons on the first five months of the 2022-’23 marketing year.

 



Rapeseed-meal exports to Spain, Sweden and Ireland also grew.

 



Soybean-meal exports also went mostly to other EU countries.

 



The largest recipient of soybean meal from Germany was Denmark.

 



The country is one of the leading producers of pork and therefore uses large volumes as feedstuff.

 



In the period from July to November 2023, Germany delivered 163,600 tons, approximately 5 percent less than in the same period a year earlier.

 



Exports to Austria and Poland also declined, whereas shipments to the Czech Republic, Lithuania and Turkey increased.

Frazier, Barnes & Associates LLC
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