Exports of soybean meal from Ukraine hit a record high in December
According to the latest data, Ukraine’s exports of soybean meal amounted to just over 96 thsd tonnes in 29 days of December (+13% y-o-y), which was a record monthly shipment volume for this product. The previous high was recorded in May 2019 (93.6 thsd tonnes).
The significant increase in exports of meal was facilitated by the increase in the processing of soybeans, which are more attractive in terms of price for processing companies this season, as well as by the strong demand for soybean meal from the European Union. Thus, the EU accounted for the bulk of the product shipments in December – 91%. In particular, Poland accounted for 30% and Hungary for 23%.
In total, Ukraine exported about 278 thsd tonnes of soybean meal in September-December of MY 2024/25, up 12% compared to September-December of MY 2023/24.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Agri leaders of the Black Sea & Danube region to meet at BLACK SEA GRAIN.EURO...
Ukraine set historical sugar export record
Ukraine reached the pre-war level of agricultural exports
€23 mln to be invested in the expansion of the grain terminal in the port of Const...
Futures for rapeseed and canola started 2025 with an increase of 1.5-2.5%
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon