Saudi Arabia slashed purchases of Russian barley

UkrAgroConsult

561.75 KMT of Russian barley was exported in August (+11% from July and -5% from August 2020/21). Barley exports since the season’s beginning had totaled 1068 KMT (-18% y-o-y).

The leading buyer of Russian barley is Turkey, which imported roughly 363 KMT for the two months (by contrast, 303 KMT was purchased for the entire 2020/21 season).

Saudi Arabia noticeably reduced barley imports from Russia – by 76% from the same time last year, with its share in Russian exports down at 18%, UkrAgroConsult reports.

Apart from Saudi Arabia, a slump is seen in purchases by Jordan, which were down 64% from July-August 2020/21.

The following countries stepped up purchases compared to the same time last year: Iran (doubled), Libya (+18%).

In August, Russian barley was shipped to Iraq (63 KMT), for the first time since March 2019.

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UkrAgroConsult

Tags: Saudi Arabia, Jordan, Libia, Iraq, Iran, Russia, Turkey, barley