Exports of oilseeds and oilseed products scaled down by 1.8x

In the period January 1-31, sea ports of Ukraine provided for export of 0.8 mln t of oilseeds and oilseed products, 1.8x less from the volume exported in December (1.36 mln t as provided by the figures updated), the APK-Inform consultancy reports.

In the reporting period, sunflower and its by-products shipments totalled 656 thou. t, the principal export volume. Sunflower oil supply stood at 441 thou. t, down 12.2% on the previous month. Shipments of sunflower meal slumped by 2.5x compared to December 2020 and amounted to 210 thou. t. Only 4 thou. t of sunflowerseeds were sent abroad, 6x less mth/mth.

Soybean exports in January amounted to 106 thou. t, 1.5x under December 2020. Soybean meal supply totalled 7 thou. t (no shipments were made in December).

Vegetable oil industry in Ukraine (click for full resolution)

In January 2021, shipments of rapeseed and by-products fell sharply: only 8 thou. t of rapeseed were transshipped, a nearly 20x decrease in exports, while no shipments of rapeseed meal or oil were made in the reporting period.

Oilseed meal and cake production and export from Ukraine (click for full resolution)

Key export markets for Ukrainian oilseeds and oilseed products in January:

  • China: 150.6 thou. t
  • India: 137.5 thou. t
  • Turkey: 83.8 thou. t

Since the start of 2020/21, the port of Mykolaiv has provided for the transshipment of 3 mln t of oilseeds and oilseed products. The ports of Chernomorsk and Pivdenny handled 1.3 and 0.8 mln t, respectively.

As a reminder, China and India imported the largest amounts of sunflower oil from Ukraine in January 2021.

Learn more:

To learn more about agribusiness in Ukraine, follow us on Facebook, on our channel in Telegram, and subscribe to our newsletter.

Completed withDisqus