The first half of MY 2019/20 witnessed record high exports at almost 3 MMT (up 28.8% year-on-year), reports UkrAgroConsult.
The EU is still the top importer with a market share equaling 95% (Germany and Belgium absorbed 35% and 29% of total shipments to the EU, respectively).
Supplies to the European Union are up 39% year-on-year due to both a rapeseed crop decline in Europe and a rise in Ukraine’s rapeseed export potential.
Ukraine ceased exports to Pakistan and Mexico. Growth in exports to key markets was registered to the Netherlands (+182%), Germany (+35%) and Belgium (+17%).
A slowdown in exports occurred to UAE (-68%), Nepal (-49%) and Portugal (-10%).
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. We offer 7-days trial! Completely free!
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