Ukrainian linseed exports hit a record high in 2016/17

03.03.2017

Linseed exports from Ukraine reached 12.3 KMT in December 2016/17, or 54% more than in the previous month (8 KMT). The upward trend in the last three months allowed exports not only catch up with last season’s pace, but even reach a record 33.6 KMT for the five months (22.6 KMT for MY 2015/16), reports UkrAgroConsult.

The destination markets for Ukrainian linseed have been diversified significantly in the current season 2016/17. Deliveries were made to 47 countries of the world. Apart from a rise in sales to traditional importers (Vietnam – 52% of total exports, the EU – 27%, Turkey – 10%, Egypt – 2%), linseed shipments were resumed to a number of countries such as Switzerland Saudi Arabia, Croatia, South Africa. In addition, some ten new markets were opened (Nepal, Pakistan, Bangladesh, Hong Kong, Singapore, Thailand etc.). The top importers account for more than 90% of total linseed exports from Ukraine.

 

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