EU and India purchased 64% of total Ukrainian sunflower oil export volumes

07.10.2016

In August 2016 sunoil exports were 258 KMT. In July 2016 Ukraine exported 353 KMT and in August 2015 - 224 KMT. Total sunoil export volumes in 2015/16 were 4478 KMT compared to 3870 KMT in 2014/15, which is a new record.  

EU countries remain among the key importers of Ukrainian sunoil (about 32% of all exports), having slightly ousted India (31.6%). Considerable volumes are shipped to China (14 %) and Turkey (4%). Record high exports were seen in 2015/16 not only because higher demand on existing export markets, but also due to their diversification, mainly at the expense of Africa and Middle East.  

Considering sunseed production and crush forecasts for 2016/17 MY, UkrAgroConsult expects sunoil exports will reach a new record - 5170 KMT.

 

UkrAgroConsult

 

Readers choice: TOP-5 articles of the month by UkrAgroConsult