Ukraine substantially boosted sunseed exports

16.12.2016

Ukraine substantially boosted sunseed exports in October 2016 and they hit five-year high, reports UkrAgroConsult. Thus, 59.1 KMT of the product was exported that month against 2.9 KMT in September 2016 and 7.4 KMT at the same time last season. Ukraine exported a total 62 KMT of sunseed in 2016/17 (September-October) that is seven times the volume shipped for the same period in 2015/16 (8.8 KMT) and only below September-October 2003/04 exports of over 170 KMT. This pace of sunseed exports confirms UkrAgroConsult’s 2016/17 outlook at 500 KMT.

Top sunseed buyers are European countries with an export share of 68% (41.8 KMT), informs UkrAgroConsult. Turkey, having boosted sunseed purchases to 17.5 KMT in October 2016, thereby increased its portion in Ukraine’s exports of this commodity to 28%. Please note that this country’s interest in Ukrainian sunseed is increasingly stronger from year to year. For instance, Turkey already imported more sunseed in the two months of MY 2016/17 than for the entire marketing year of 2015/16 – 16.6 KMT.

 

UkrAgroConsult

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