EU soft wheat exports 2022/23 up 10% year on year after weekly jump
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PARIS, November 15 (Reuters) – So far, soft wheat exports from the European Union in the 2022/23 season have reached 13.35 million tonnes, now almost 10% more than last year after a strong volume the last week, according to data released by the European Commission on Tuesday.
The total since the start of the season from July 1 to November 13 was 9.5% higher than the 12.19 million shipped in the same week in 2021/22.
It also marked a bigger than usual weekly increase of 830,000 tonnes from the cumulative total shown in the Commission’s report. previous report.
EU exporting nations saw strong demand early in the season amid wartime disruptions to supplies from Ukraine and Russia, which traders say are continuing to ship. GRAIN/SHP/FR
A breakdown of EU data showed that France remained the EU’s top soft wheat exporting country this season, with 5.46 million tonnes shipped, followed by Romania with 1.70 million tonnes, Germany with 1.56 million tonnes, Latvia with 1.14 million tonnes and Poland with 1.07 million tonnes. .
The Commission has listed the top five soft wheat export destinations from the EU as of November 6 as follows:
2022/23
2021/22
Destination
tons
to share
tons
to share
Algeria
1,881,654
14.1%
2,096,214
17.2%
Morocco
1,727,742
12.9%
208,677
1.7%
Egypt
1,495,729
11.2%
1,200,000
9.8%
Nigeria
996 809
7.5%
750,942
6.2%
Saudi Arabia
720 973
5.4%
391 350
3.2%
EU maize imports in 2022/23 so far amounted to 10.85 million tonnes, more than double a volume of 4.77 million a year earlier.
Forecasters raised projections for EU maize imports as drought hit the EU crop while a resumption of exports from war-torn Ukraine improved availability.
Spain was so far the EU’s biggest maize importer in 2022/23 with 4.18 million tonnes, ahead of the Netherlands with 1.19 million, Poland with 907,000, Portugal with 877 000 and Italy with 781,000, according to the data.
The second EU maize importer was Hungary with 632,000 tonnes, a sign of the drought impact on the regular maize exporter.
The Commission has listed the top five maize import origins so far in 2022/23 as follows:
2022/23
2021/22
Origin
tons
to share
tons
to share
Brazil
5,699,541
52.5%
2,739,997
57.4%
Ukraine
4,422,673
40.8%
1,314,120
27.5%
Serbia
285,727
2.6%
324,879
6.8%
Canada
139,620
1.3%
182,083
3.8%
South Africa
78,494
0.7%
54,406
1.1%
EU barley exports in 2022/23 so far totaled 2.69m tonnes, down nearly 39% from 4.38m a year ago, the data shows. .
(Report by Sybille de La Hamaide and Gus Trompiz Editing by Mark Potter)
((Sybille.deLaHamaide@thomsonreuters.com; +336 8774 4148;))
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