Belarus and Poland are the top buyers of Ukrainian soybean meal

Soybean meal exports from Ukraine in September-June 2020/21 totaled 436.2 KMT (-30% y-o-y), UkrAgroConsult reports.
For the last two months, exports have been at a high level thanks to steadily large purchases by Belarus and Poland, which are the biggest importers.
Export potential in MY 2020/21 was raised to 470 KMT (-31% from MY 2019/20).
As before, the biggest importers are the EU with a 38% market share and Belarus with 34%. For the first time ever, MY 2020/21 witnessed soybean meal exports to Denmark.
Growth in exports was registered to the following markets: Germany (+452%), Moldova (+84%), Georgia (+33%).
A slowdown in exports was fixed to Turkey (-90%), Hungary (-57%) and Poland (-17%).
Learn more about development prospects of the oilseed sector in Ukraine and Black Sea region at the 9th International Conference ‘BLACK SEA OIL TRADE’, to be held on September 9 by UkrAgroConsult. Join the leading experts and market operators to discuss the most relevant issues. Let’s open a new oilseed season together!
Read also
Rapeseed processing in Ukraine increased to a record volume in September, after ex...
Saudi Arabia purchased 500 thsd tons of wheat
Malaysian palm oil stocks rose despite production cuts and rising exports
Shortage of quality wheat in Kazakhstan drives up prices
Ukraine’s corn exports fell to record low in October
Write to us
Our manager will contact you soon