Ukraine became the top barley supplier of Libya

01.12.2016

According to official information, Ukraine exported 525 KMT of barley in October 2016, or 16.4% more than at the same time last year (451.1 KMT), reports UkrAgroConsult.

In total, Ukraine has increased its barley exports by 3.7% this season, to 3487.5 KMT. Saudi Arabia is still the main destination market for Ukrainian barley, though with lower shipments now. So, Ukrainian exporters shipped 1.43 MMT of barley to this country from July to October 2016/17 against 1.8 MMT at the same time a year ago. However, Ukrainian suppliers successfully offset this drop with higher exports to the Libyan market.

According to UkrAgroConsult, Ukraine exported roughly 620 KMT of barley to Libya, or almost 40% more than for the entire last season. Thus, with Libya’s needs for imported barley forecast at 800 KMT, Ukraine has become the key supplier of this cereal crop to the country, having replaced the previous top exporter – the EU.

Further prospects of Ukrainian grain market will be discussed at the XIV International Conference “Black Sea Grain: Wind of Change”, which will take place on April 5-6, 2017 in InterContinental hotel, Kiev, Ukraine. Black Sea Grain conference is large international platform, offering high quality market analysis and networking opportunities for the global leaders of grain and oilseed industry. The event is annually attended by over 800 agribusiness representatives from more than 400 companies and 50 countries worldwide. 

 

UkrAgroConsult

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