International conference "VegOil Trade 2023", Rotterdam, Netherlands
DATE
Jun 8, 2023

Ukrainian sunflower meal export to the EU grew 63%

Source

APK-Inform

26392

According to operational data, since the beginning of the current season (September-April) the export of sunflower meal from Ukraine amounted to about 2.7 mln tonnes. This is only 1% higher year-on-year, but at the same time, it is one of the lowest figures (after exports in 2021/22 MY) for the indicated period in the last 7 seasons.

The main importers of Ukrainian sunflower meal were China (50% share) and the European Union (38%).

However, it is worth noting that for 8 months of 2022/23 MY, the export of this product to China remained almost unchanged (-2% y-o-y), while to the EU it has increased by 63%.

Thus, in September-April 2022/23 MY, the sunflower meal shipments to EU countries increased to 1 mln tonnes, which almost equaled the average pre-war export volumes.

In addition, the share of Ukrainian sunflower meal in the total volume of imports of this product by EU countries for the specified period increased to 49% against 35% in September-April 2021/22 MY.

More up-to-date information on the market of oil and processed products of the EU and Ukraine will be presented during the conference "VegOil Trade", which will be held on June 8-9 in Rotterdam.

You can find the detailed agenda on the APK-Inform website.

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