Saudi Arabia entered the top ten of the biggest importers of Ukrainian wheat

UkrAgroConsult

October exports of Ukrainian wheat totaled 3.44 MMT (-21% from September, +59% from October 2020/21) that is a record high for this month. 12.4 MMT has been exported since the beginning of the season (a record high for this time of year and up 15% y-o-y).

Saudi Arabia entered the top ten of the biggest importers of Ukrainian wheat – six times more than a year earlier was shipped to this market during the four months, UkrAgroConsult reports.

The following importers also stepped up purchases from last season: Indonesia (+25%), Egypt (+24%), Turkey (up 3.6 times), Tunisia (+2%), South Korea (+23%).

A decline is seen in demand from the following importers: Pakistan (-23% y-o-y), Bangladesh (-32%), Philippines and Thailand (-27%).

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!

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UkrAgroConsult

Tags: Egypt, Tunisia, Turkey, export, Philippines, Indonesia, South Korea, Pakistan, Saudi Arabia, wheat, Thailand, Ukraine, Bangladesh