Ukraine will be able to export more rapemeal than expected

UkrAgroConsult

Rapeseed meal exports in MY 2020/21 (July-October) remain at a three-year low of 111.7 KMT (-33% on the year) because of a rapeseed crop decline, UkrAgroConsult reports.

EU countries (Spain, Poland, Lithuania, France) remain the biggest importers, though their export share fell to 63% with purchases down 37% on the year.

Morocco resumed purchases and became a major importer (11% of total exports).

Exportable supplies in MY 2020/21 were increased to 140 KMT (-29% from MY 2019/20).

A boost in exports was registered to the following countries: Vietnam (+516%), Latvia (+318%), Poland (+71%).

The following countries reduced imports: Turkey (-80%), Spain (-47%) and Israel (-42%). 

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UkrAgroConsult

Tags: Ukraine, export, rapemeal