China became the second biggest Ukrainian sunflower meal importer

06.03.2019

Sunflower meal exports in January 2018/19 totaled 501 KMT, down almost 15% from the previous month. As a reminder, Ukraine shipped abroad a record 589 KMT of the commodity in December. Moreover, total exports for the first five months of this season set a new record of 2068 KMT, exceeding 2 MMT for the first time, reports UkrAgroConsult.

The current season continues showing a decline in sunflower meal deliveries to the EU (down 20%) and Belarus (down 22.7%), which absorb a combined more than 50% of total exports. Vietnam, a traditional importer, increased purchases by almost 28%. China, which first imported Ukrainian sunflower meal in December 2018, already purchased 553.5 KMT this season and became the second biggest importer (27% of total exports).

According to UkrAgroConsult’s estimates, at least 5 MMT of sunflower meal will be exported in the 2018/19 season.

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