Ukraine increased flour supplies to the Middle East and Africa - Agrarian Fund




In 2016/17 MY, Ukraine increased the supply volumes of flour products to African countries to 17.5% of the general exports, as opposed to the share at 8% in 2015/16 MY. The similar situation developed with flour supplies to the Middle Eastern countries - 25.8% of the general exports in the season-2016/17, against 18% in the previous season, declared the Director of Production operations department at Agrarian Fund PJSC, Sergei Sakirkin during his report on September 28 within frames of "Grain Processors Forum - 2017".

At the same time, last season the United Kingdom became the major customer of Ukrainian flour, and imported 148 thsd tonnes of the product. Also, it is worth noting that the country mainly resold the purchased volumes to other countries, S.Sakirkin said.

Moreover, last MY North Korea reduced its purchasing share of Ukrainian flour to 39%, while in 2015/16 MY the country imported almost half of flour volumes supplied from Ukraine. But these are positive developments in terms of the risks of trading with the country, concluded S.Sakirkin.

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