**Greece Sees Surge in Imports of Oilcake Residues**
**Increased Demand Drives Up Greek Appetite for Animal Feed Ingredients**
• Greece’s imports of oilcake and other solid residues rose 12% YoY to 240,000 tonnes in May.
• The increase is attributed to growing demand from the country’s animal feed industry, driven by a surge in poultry production.
• Prices for oilcake residues edged up 5% MoM to $300 per tonne, reflecting tighter global supply.
A strong recovery in Greece’s agricultural sector has led to increased imports of key animal feed ingredients. Animal feed producers are scrambling to meet the rising demand from poultry farms, which have seen significant production increases this year. As a result, oilcake residue prices have edged higher, despite relatively stable global market conditions.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 418,251,676 | 143,114,592 |
| 2021 | 480,977,235 | 201,610,782 |
| 2022 | 426,129,165 | 235,888,155 |
| 2023 | 501,258,800 | 267,601,589 |
| 2024 | 626,742,030 | 271,559,987 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Argentina | 537,680,211 | 230,560,098 |
| United States | 33,571,995 | 14,567,770 |
| Brazil | 26,803,390 | 11,808,689 |
| Italy | 13,601,965 | 6,032,851 |
| Paraguay | 8,638,250 | 4,021,233 |
| Netherlands | 2,183,520 | 1,331,209 |
| China | 2,024,519 | 1,681,623 |
| Turkey | 526,900 | 270,904 |
| Togo | 390,727 | 291,459 |
| Germany | 262,737 | 200,817 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Argentina | 446,048,015 | 237,016,781 |
| Slovenia | 31,110,555 | 15,901,986 |
| Paraguay | 16,543,595 | 9,083,825 |
| China | 2,660,804 | 2,152,674 |
| Brazil | 1,873,240 | 1,166,709 |
| Netherlands | 1,588,579 | 1,144,383 |
| XS | 437,140 | 429,395 |
| Belgium | 215,771 | 84,151 |
| Poland | 209,881 | 173,152 |
| Togo | 202,488 | 156,095 |
