Ukrainian soybean exports grew by 23%

28.08.2017

Ukraine exported soybeans at a fast pace in the first half of 2016/17. Their exports sank to 51.6 KMT in July 2017, i.e. to the lowest level since the beginning of the season.

Overall, soybean exports remain record high in MY 2016/17 (September-July): 2860.8 KMT, or up 22.6% year-on-year, UkrAgroConsult notes.

In the current 2016/17 season, the range of export destinations for Ukrainian soybeans was widened to 36 countries. Turkey, having reduced soybean imports from Ukraine to 730 KMT against 928 KMT a year ago, is still the top importer with a 26% export share. European countries (21%) and Iran (20%) tripled soybean purchases from Ukraine. In addition, new export destinations were opened: Denmark, Morocco, Angola, South Korea and Kyrgyzstan.

Further prospects of the oilseeds/vegoils market in the Black Sea region countries will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 20 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

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