Ukrainian rapeseed exports in the first two months of this season down 21% y-o-y

UkrAgroConsult

834.4 KMT of rapeseed was exported in July-August 2021/22 (down 21% y-o-y, the least in four seasons). Export potential in MY 2021/22 will be slightly higher than for MY 2020/21 due to a forecast gain of almost 3% in both yield and output, UkrAgroConsult reports.

The EU reduced purchases (down 37% y-o-y), though remaining the top importer with a market share of 67%.

Pakistan for the first time imported rapeseed from Ukraine and became the second ranking importer with a market share of 16%.

Growth in exports was registered to India (+94%) and Bangladesh (+19%).

A slowdown in exports was fixed  to the Netherlands (-69%), Germany (-34%) and the UK (-34%).

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: Ukraine, export, rapeseed