Port of Constanta in 2023/24: Agri transit and infrastructure investments

UkrAgroConsult

Article author:

Maksym Kharchenko

Freight Market Analyst

After record grain handling and exports in 2023, grain flows to the port of Constanta, Romania significantly reduced, which is stable trend in the first half of 2024. According to UkrAgroConsult, in January-June 2024, total exports of agricultural goods through the port of Constanta amounted to 11.76 M mt. However, exports of cereals, oilseeds and processed products are traditionally higher in the second half of the year. Sure, it will be impossible to repeat the record of 2023, but grain exports through the ports will return to the level of 2021-2022.

According to preliminary data, in 2023/24 season 28.7 M mt of agricultural  commodities were exported through the port of Constanta. In October 2023, exports of 3.9 M mt were record  high. From February 2024, exports declined due to a decrease in grain stocks in Romania and lower grain flows of Ukrainian origin. The opening of the Big Odesa ports has significantly affected the grain delivered from Ukraine for further export through the terminals of the Port of Constanta.

Exports of the top 5 agri commodities through the port of Constanta accounted for 89.6% of total exports. 

• Wheat – 12.1 M mt;
• Corn – 6.9 M mt;
• Barley – 2.7 M mt;
• Rapeseed – 2.6 M mt
• Sunflower oil – 1.3 M mt

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Tags: Ukraine, export, grain, Romania, agricultural products, Constanta, инвестиции