Markets

Japan top buyer of Australia’s April-shipped canola

Liz Wells, June 14, 2022

AUSTRALIA exported 681,133 tonnes of canola in April, down 20 per cent from the March total of 854,950t, according to the latest data from the Australian Bureau of Statistics (ABS).

Japan was the biggest customer for the month, taking 156,621t, followed by Belgium on 147,145t and Germany on 126,961t.

April data also shows up 31,339t shipped to the United States in what is believed to be the first full cargo of Australian canola ever to ship to North America.

Japan is a long-term buyer of Australian canola, and its volume purchase of April-shipment seed indicates the rundown of availability from Canada ahead of its new crop to be harvested in coming months.

By comparison, Japan in April last year imported 2791t of Australian canola, and annually imports more than 2 million tonnes, with Canada its major supplier by far.

According to Lachstock Consulting’s latest Australian Export Vessel Lineups report issued June 1, Australia’s May 2022 exports of canola are expected to show little change from the April number.

However, June shipments are expected to drop to around 450,000t as wheat and barley cargoes take precedence at southern Australian ports.

CANOLA Feb Mar Apr Tonnes
Bangladesh 54246 16480 34851 105577
Belgium 129929 193773 147145 470847
Canada 2 12 36 50
France 88705 147980 81898 318583
Germany 141294 183258 126961 451513
Indonesia 60 0 0 60
Japan 56531 56983 156621 270135
Malaysia 1956 6492 3996 12444
Nepal 2143 3715 4150 10008
Netherlands 82621 123241 0 205862
New Zealand 0 3900 0 3900
South Africa 57 46 6 109
South Korea 0 1613 0 1613
Taiwan 0 565 0 565
UAE 51013 51792 61130 163935
UK 0 56300 33000 89300
USA 0 8800 31339 40139
TOTAL 608557 854950 681133 2144640

Table 1: Australian canola exports for February, March and April 2022. Source: ABS

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