After a strong summer time, the EU agri-food industry surplus reached €6.7 billion in September 2023. That is an 18% building up in comparison to each August 2023 and September 2022. The cumulative industry stability from January to September 2023 reached €51 billion, which is €8.5 billion upper in comparison to the similar length in 2022.
In September 2023, EU exports reached €19 billion, a 5% building up in comparison to the former month, however nonetheless 9% underneath their September 2022 stage. Cumulative exports since January reached €170.7 billion, 2% upper when put next than in the similar length in 2022.
In comparison to 2022, cereals exports lowered by means of € 1.9 billion (-15%, basically pushed by means of decrease unit values) in addition to pigmeat (- €986 million, -10%). Volumes exported greater by means of 29% for vegetable oils and 13% for oilseeds and protein vegetation.
The worth of EU agri-food imports was once €12.3 billion in September, a 2% relief in comparison to the former month and 19% underneath their stage in September 2022. Cumulative imports from January to September 2023 reached €119.7 billion, a 5% relief in comparison to the similar length in 2022 (‑ €5.9 billion).
In time period of imported merchandise, discounts have been noticed in imports of oilseeds and protein vegetation (‑€2.7 billion, ‑14%) in addition to vegetable oils, (‑€2.3 billion, ‑28%), because of discounts of each costs and volumes.
December 21, 2023/ Eu Fee/ Eu Union.
https://agriculture.ec.europa.ecu