Ukrainian flour exports continue to slow

UkrAgroConsult

70 KMT has been exported this season (-55% y-o-y), or the lowest volume in nine years. 8 KMT of flour was exported in November (-32% from October, -81% from November 2019/20), UkrAgroConsult reports.

The UAE cut purchases threefold y-o-y, and thereby reduced its share in Ukrainian exports to 20%. The greatest slump (11-fold) is observed in demand from China.

The following countries also reduced imports: Palestine (-17%), Somalia (-42%), Singapore (-48%), Belarus (-50%), Mozambique (-71%).

A rise was seen in exports to the following markets: Moldova (+2%), Israel (twofold), Venezuela (almost threefold).

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UkrAgroConsult

Tags: Ukrainian flour, exports