Ukraine. Palm oil imports doubled in September

27.10.2017

Palm oil imports to Ukraine totaled 33.9 KMT in September 2016/17. This is 14.2% less than in the previous month (39.5 KMT), but a record high for September. So, imports almost doubled against September 2016 (17.9 KMT), reports UkrAgroConsult.

It is worth noting that the volume of re-exports from Ukraine more than doubled in September 2017/18 (0.82 KMT against 0.38 KMT a year ago). As before, the key export destinations are Armenia, Belarus and Moldova.

The pattern of palm oil imports showed significant changes in the first month of the new 2017/18 season. So, while Ukraine’s top importer – Indonesia – stepped up shipments and reinforced its position (its import share is up at 47%), Malaysia not only reduced exports to Ukraine (2.5 KMT against 4.5 KMT), but even yielded to new players such as Honduras and Columbia (36% and 9% of total imports, respectively).

 

UkrAgroConsult

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