EU purchased 40% of Ukrainian sunflower meal export volume

25.08.2016

According to UkrAgroConsult data, since the beginning of season 2015/16 (September-June) Ukraine exported 2907.5 KMT of sunflower meal to foreign markets against 2530.0 KMT during the last 2014/15 season and set a new shipments record.

In June 2016 sunflower meal exports from Ukraine reached 311 KMT compared to 361 KMT in May 2016 and 235 KMT in June 2015.

Significant changes were not seen in the sunflower meal exports geography during the current season. EU countries with a market share of over 40%, Belarus - 13% and Turkey - 9.6% remained the leading importers.

Growth of sunflower meal exports is observed due to increased sunflower seed crushing in Ukraine, as well as reduction of demand for meal in the domestic market. Experts estimate that next season may show record high results following sunflower seed and sunflower oil markets.

sunmeal export

Further development of Ukrainian oilseeds/vegoils/meals market in the 2016/17 season will be discussed at the IV International Conference “Black Sea Oil Trade-2016, September 7, 2016, Kyiv, Ukraine. Organizer - consulting agency UkrAgroConsult.

 

 

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