EU almost doubled rapeseed imports from Ukraine

01.12.2017

Ukraine exported 343.9 KMT of rapeseed in October 2017/18, or half as much as in the previous month. As a reminder, Ukrainian rapeseed exports reached a record 700.5 KMT in September 2017. Roughly 1680 KMT was shipped abroad in July-October 2017/18, i.e. during the most productive months for the rapeseed market. This volume is much larger than in the last three seasons, but down 5.8% from the record set in the same month in MY 2013/14 (1783.4 KMT).

Taking into account the trend of the first four months of MY 2017/18, UkrAgroConsult raises its estimate for this season’s rapeseed export potential of Ukraine to 2 MMT.

Rapeseed supplies to the EU continue gaining pace in the current season (1366.7 KMT against 747.5 KMT a year ago) – this end market absorbed 76% of total exports at the time. Pakistan, having resumed purchases of Ukrainian rapeseed, accounted for 10% of its exports.

 

UkrAgroConsult

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