Ukraine. Barley exports to China set a new record

27.11.2017

Usually barley exports from Ukraine decreases in October. According to results of the month, Ukrainian exporters supplied 416.1 KMT of barley to foreign markets, which is 21% below the same period last year (525 KMT in October 2016), reports UkrAgroConsult.

During the four months of the 2017/18 season, barley exports from Ukraine were only 4% behind the last year's figures. During the reporting period, 3544.4 KMT of barley were exported from Ukraine, compared to 3693.4 KMT over the same period last season.

Saudi Arabia was traditionally the largest market for Ukrainian barley, where more than 1.5 MMT or 43% of all barley shipments from Ukraine were sold during the reporting period.

Shipments of barley from Ukraine to China set a new record in the 2017/18 season. Over the period under review, Ukrainian exporters supplied about 790 KMT of barley to this market, which is more than 150% larger volume than exports during the whole last season (300 KMT). The previous high of barley exports from Ukraine to China was achieved in the 2015/16 MY (647 KMT).

The increase in Ukrainian barley purchases by China is associated with a reduction of its production in Australia, which was the main barley supplier to this market in previous years.

 

UkrAgroConsult

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