Source: Oleoscope (Russia)
According to the European Association of Vegetable Oil Producers (FEDIOL), in 2024, the volume of oilseed processing in the EU and the UK reached 39.24 million tons, up 3.2% year-on-year.
Rapeseed processing during the period under review was 18.9 million tons compared to 19.4 million tons in 2023, soybeans 14.1 (13.39) million tons and sunflower 6.25 (5.25) million tons, Grain On-Line cited data.
Processing capacity decreased from 45.42 million tons in 2023 to 45.12 million tons in 2024. This volume reflects only the reported capacity of FEDIOL member companies. The total processing capacity of FEDIOL member companies is reported to be about 80% of the total processing of soybeans, sunflowers and rapeseed in the EU-27 + UK.