Ukraine decreased rapeseed exports

13.10.2016

In August 2016 Ukraine exported 172.8 KMT of rapeseed against 61 KMT in July 2016 and 514.2 KMT in August 2015. Total rapeseed volume exported in 2016/17 (July-August) was 233.8 KMT, which was 370.1 KMT or 61.3% less compared to the same period last season (603.9 KMT), reports UkrAgroConsult.

Out of 13 importers the largest volume was traditionally purchased by the EU – 93.9%. Bangladesh imported 2.7% and Israel – 2.4%.

Analyzing Ukrainian rapeseed and processed products export statistics, UkrAgroConsult notes lower export pace in the first months of 2016/17. The reason for this is initially smaller rapeseed export potential due to decrease in  rapeseed crop  to 1.2 MMT, which was the lowest in the last 8 seasons.

 

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