93% of Russian barley exports go to the Near East

20.06.2018

According to preliminary information, Russia exported 349.9 KMT of barley in April 2018, i.e. 11% less than in the previous month but 24% more than in April 2017.

4.8 MMT was shipped abroad during the first ten months of MY 2017/18 (July-April) that is already 61% more than in the whole of MY 2016/17, report UkrAgroConsult’s analysts.

The rise in exports concerns almost all major end markets. So, Saudi Arabia imported 45% more barley in the period under review than in the whole of MY 2016/17. Shipments to Iran increased to 1.28 MMT this season against 493.5 KMT supplied to the country a year ago. This season’s exports to Turkey are up at 500.7 KMT against 50.4 KMT in MY 2016/17.

This marketing year, Russia resumed barley deliveries to countries such as Kuwait and Tunisia. At the same time, Kuwait became one of the five largest importers of Russian barley.

Noteworthy is that the Near East absorbs some 93% of total barley exports from Russia.

 

 

UkrAgroConsult

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