22 April 2019, 10:05, Oilseeds

Rapeseed meal exports from Ukraine hit a record volume

In July-March 2018/19, record 161.8 thou. tons of rapeseed meal were exported from Ukraine, UkrAgroConsult informs.

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In February 2019, rapeseed meal exports reduced to 0.4 thou. tons if compared with the previous month and stood at 4.8 thou. tons (February 2018: 0.5 thou. tons).

Progress in the processing of rapeseed provided for the increase in export potential of the rapeseed meal market. In 2018/19, Ukraine has the potential to export about 165 thou. tons of rapeseed meal.

The key importers of Ukrainian rapeseed meal are as follows:

  • European Union — 73 per cent of all exports from Ukraine;
  • Morocco — 13 per cent;
  • Israel — 12 per cent;
  • Belarus — 1 per cent;
  • Turkey — 1 per cent.

In July-January 2018/19, the EU countries imported 11.8 million tons of oilseeds, 15 per cent more than in the prior season's comparative period.