Ukraine to continue increasing production of phosphatide concentrate
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Ukraine to continue increasing production of phosphatide concentrate

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Author:

Svetlana Kupreeva

UkrAgroConsult

Analyst

Ukraine is the world's top producer of sunflower oil with a 33% share, but its production of phosphatide concentrate is still insignificant. A clear upward trend in output of this product can be seen though, reports UkrAgroConsult.

Prior to 2014, Ukraine only produced and exported sunflower concentrate. Now Ukrainian companies offer the world market soybean concentrate as well, and even rapeseed phosphatide concentrate. Their output increases from year to year. As a result, the production and export structure has undergone substantial changes.

Exports of sunflower phosphatide concentrate from Ukraine grow along with its production. This indicator increased almost six-fold in 2008-2018.

For many years now, EU countries have been the biggest buyers of phosphatide concentrate. India and China joined the list of destinations for phosphatide concentrate in 2018. Their combined export share is still insignificant, at most 2%.

Ukraine has every chance to get ranked high in the global trade in quality sunflower lecithin – similar to its position in the crude sunflower oil market.

Full version of the article is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp.com by UkrAgroConsult. AgriSupp is a reliable analytical tool for agri market participants that contains historical and current market data, daily updates on grain, oilseed and pulses markets. We offer 2-week trial! Completely free!

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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