Price: €11.00
Member Price: €0.00

Flaxseed: higher duties on imports into the EU

June 6, 2024 at 4:41 PM , Der AUDITOR
Play report as audio

BRUSSELS/OTTAWA. The gradual increase in import taxes on Russian flaxseed imports into the EU has been decided. The fact that they will not be fully adjusted immediately is causing disillusionment among Canadian traders.

Prices increase

The proposal discussed in April to increase import duties on Russian agricultural products, including flaxseed, was officially confirmed at the end of May. With regard to flaxseed from Russia, the import duty will be 10% in the first instance until 31 December 2024. This will be followed by an increase to 20% on 1 January 2025 and from 1 January 2026, a 50% import tax will be levied on flaxseed imports from Russia.

Many processors in the EU had to let this news sink in, even though there was little chance that the proposal would be rejected.

View related articles

Go to the News Overview
Oilseeds
Jul 10, 2025
ASTANA. A recovery in crops and EU tariffs on Russian flaxseed imports have caused Kazakhstan's flaxseed exports to double. Around 74% of exports went to China and Belgium.
Oilseeds
Jul 10, 2025
NEW DELHI/BRASÍLIA. Growers in India were able to start Kharif sowing early. South Korea has published a new sesame seed tender. The crop in Brazil is of impressive quality.
Oilseeds
Jul 9, 2025
SOFIA/KYIV. Rainfall brought some relief to European growing regions after a period of hot, dry weather. This is good news for the sunflower seed crop. The EU imported around 20% less sunflower seeds from third countries in the 2024/2025 season.
Nuts
Jul 7, 2025
NEW DELHI/BUENOS AIRES. While sowing is being expanded in key Indian growing regions, Argentina is attracting buyers with favourable prices for feed peanuts. Export prices in India remain largely stable.