SunSirs: EU Palm Oil Imports Decrease 18%
May 19 2025 14:29:14 SunSirs (Selena)
According to EU data, the import volume of palm oil has significantly decreased by 18% since the beginning of 2024/25 compared to the same period last year. This downward trend clearly reflects the long-term constraint of the European Union's Renewable Energy Directive (RED II) on palm oil demand.
The import volume from major supply countries has all declined, with a significant decrease of 24% from Indonesia, 16% from Malaysia, and 36% from Guatemala.
Specifically, as of May 11, 2025, the European Union imported 770,000 tons of palm oil from Indonesia in 2024/25 (from July to June of the following year), an increase of 10,000 tons from a week ago and a decrease of 23.8% from 1.01 million tons in the same period last year. Indonesia's share in the total palm oil imports of the European Union has also decreased from 33.4% last year to 31.1%.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-08-29 SunSirs: Malaysia's Palm Oil Production Increased by 3.03% Month on Month from August 1 to 20
- 2025-08-28 SunSirs: Agricultural and Sidelines Industries Bulk Commodity Intelligence (August 28, 2025)
- 2025-08-28 SunSirs: China Palm Oil Market Oscillates and Rises in August
- 2025-08-26 SunSirs: Agricultural and Sidelines Industries Bulk Commodity Intelligence (August 26, 2025)
- 2025-08-21 SunSirs: Long and Short Positions, China Palm Oil Market Oscillates and Rises
