According to the recent reports, by the end of August 2019 Ukraine already completed the harvesting campaign of rapeseed. At the same time, analysts of APK-Inform Agency estimated the oilseed harvest at the level of 3.3 mln tonnes, an increase of 16% compared with the figures in 2018, which became the absolute record for Ukraine.
Also, in the season-2019/20 Ukraine will continue increasing the domestic processing of rapeseed — to 370 thsd tonnes, up 11% compared with the last year results.
Therefore, there is a good potential for the growth of 10% in rapeseed oil production and exports — to almost 160 thsd tonnes, the production of rapeseed meal — up 10% to 200 thsd tonnes, and its shipments — up 16%, to 190 thsd tonnes. At the same time, the reporting indicators will reach its record values.
You can receive more detailed information about the trends of the oilseed market within frames of the eighteenth international conference "Fat-and-Oil Industry - 2019", to be held in Kyiv (Ukraine), on October 30.
For all questions, please contact APK-Inform Agency:
Iryna Ozip, +38 (0562) 32-15-95 (ext. 115),