Ukraine. Rapeseed meal exports to the EU more than doubled
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Ukraine. Rapeseed meal exports to the EU more than doubled

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Consulting Agency UkrAgroConsult

UkrAgroConsult

Rapeseed meal exports in July-April 2018/19 totaled 162 KMT, close to their all-time high of 166.5 KMT (MY 2015/16). So, they gained 151% from last year, reports UkrAgroConsult.

The EU continues to be the biggest importer with a market share of 73%. It boosted purchases by 130% against last year due to increasing rapeseed crush in Ukraine.

In MY 2018/19, Ukraine exported rapeseed meal for the first time to Ireland and Slovakia and resumed shipments to countries such as Spain, Morocco, Italy and Belarus.

Growth in exports to the following major markets: Israel (+134%) and Poland (+86%).

A slowdown in exports to: Turkey (-59%), Latvia (-45%), Estonia (-39%).

Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators - the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

 

UkrAgroConsult

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