According to the updated estimates of APK-Inform, in 2018/19 MY in Ukraine the forecast of sunflower oil export potential was increased to 5.9 mln tonnes which is 11% higher year-on-year. Moreover, the export can reach the all time high volumes exceeding the record figure of 2017/18 MY (5.85 mln tonnes).
“At the start of sunflower seeds harvest in Ukraine the yield was estimated as rather high that led to the increase of the supply and demand balance. In particular, in 2018/19 MY the forecast of sunflower seeds and by-products production was increased by 2% to 14.8 and 14.6 mln tonnes respectively, which is up 10% year-on-year” – noted Julia Ivanitskaya the analyst at APK-Inform Agency.
At the same time, the production of sunflower oil production is estimated at the record of 6.4 mln tonnes (+12% year-on-year) owing to the oilseed crop growth and the higher oil content.
The preliminary estimation of APK-Inform of sunflower oil export from Ukraine in 2017/18 MY totals 5.33 mln tonnes (-9% y-o-y).
You can become acquainted with the major trends of the oilseeds market in Ukraine and the world, by becoming the participant of the seventeenth international conference "Fat-and-Oil Industry - 2018", to be held on November 6 in the hotel Hilton, Kyiv (Ukraine).
For all questions, please contact APK-Inform Agency:
+380 562 32-07-95 (multi-channel)
Irina Ozip (ext. 120) — [email protected],