Russia. Grain exports from Novorossiysk down 10% in December

17.01.2017

In December 2016, grain exports via the Novorossiysk port not only failed to repeat the December 2015 record but even ended up below the December 2014 volume, reports UkrAgroConsult.

So, about 1.1 MMT of grain was shipped via the port of Novorossiysk in December 2016 (by sailing date). This is 10.6% less than in the record December 2015 and down 0.7% from December 2014.

The shipments included about 911.4 KMT of wheat, 211.5 KMT of corn and 5.5 KMT of barley.  

December’s wheat exports via Novorossiysk are down 14.6% from November and down 2% from December 2015. The key destinations for wheat deliveries included Egypt (48.8%), Bangladesh (17.7%) and Indonesia (16.4%).

Will Russia maintain leadership in the export market in future, given the current trend of port industry development? UkrAgroConsult is going to answer this question in a new market study “Russia: Record crop vs Grain-handling capacities deficit”.

 

UkrAgroConsult

 

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