German exports of oilseed meal increased

According to information published by the German Federal Statistical Office, Germany exported a total of 783,000 tonnes of rapeseed meal in the period July to November 2023. This translates to a 30 per cent rise on the same period in 2022. Exports of soybean meal also increased during this period, though less strongly. At 738,000 tonnes, Germany delivered around 8 per cent 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 tonnes to this neighbouring country. This was up around 32 per cent year-on-year. Denmark ranked second among the most important recipients, with shipments growing just less than 8 per cent to around 92,000 tonnes. German deliveries to Finland rose as much as 45 per cent to 78,800 tonnes 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 tonnes, approximately 5 per cent 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.