Ukraine. Cargo handling in 2018 – grain sets a new record

23.01.2019

According to Ukrainian Sea Ports Authority, in 2018, overall cargo handling reached 135.171 MMT. That was 2% more than in 2017. Cargo turnover in ports has been growing for two consecutive years, not least owing to exports of agricultural commodities, reports UkrAgroConsult.

Almost 30% of commodities handled in Ukrainian seaports was grain and its processed products. Last year, an increase in freight traffic was observed for all major cargo types, which provided nearly 80% of total handling volume: agricultural commodities, iron ore raw materials, various metal products and containers.

In 2018, seaports of Ukraine handled 41.38 MMT of grain cargoes (1.8% more than a year before). Despite pessimistic forecasts, the positive dynamics was supported by large exports during the last months of the year amid high corn production.

Once again, Mykolaiv, Chornomorsk, Yuzhny and Odesa ports handled most of Ukrainian grain in 2018.

According to Ukrainian Sea Ports Authority, in 2018, handling of vegetable oils in Ukrainian sea ports remained at 5.54 MMT. This volume corresponds to the previous year’s record high.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult.

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UkrAgroConsult

 

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