Fat and oil processing scaled up so far 2019/20

Despite the financial and economic crisis, quarantine brought about by the COVID-19 pandemic, the fat and oil industry in Ukraine is demonstrating production growth, the Ukroilprom Association reports.

In the period of September-June 2019/20(MY2019/20: September-August), oil and fat products output increased YoY:

  • unrefined sunflower oil: 9.7%
  • refined sunflower oil: 24%
  • sunflower meal: 2.5%
  • margarine and specialty fats: 10%
  • sauces, including mayonnaise: 11.4%

In the reporting period, the production of soybean oil decreased by 6.8% and soybean meal by 7.3% as a result of raw materials (soybean) deficit in the domestic market, the Association informs.Vegetable oil industry in Ukraine (click for full resolution)

Previously reported that MHP's soybean oil exports were 19% higher YoY in Q2 2020.


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