The results of the first half of the marketing year and the growth rates of shipments of Ukrainian flour suggest that Ukraine is still far from the results of 2017/18 MY, but the results of 2016/17 MY are quite realistic in the current season. If there are no economic, legislative or political cataclysms, then Ukraine can reach the level of over 400 thsd tonnes of flour exports, reported the Chairman of the auditing committee of the Union "Millers of Ukraine", Serhiy Sakirkin.
After some decline in 2018/19 MY, in the current season Ukraine resumed the growth of flour export trading. For 6 months of 2019/20 MY, Ukraine shipped 190.4 thsd tonnes of flour on the global market, up 56% compared with the same period of the season-2018/19. At the same time, the export volumes became much lower compared with the results of 2017/18 MY, when Ukraine shipped 244.8 thsd tonnes of flour on the foreign market in the first half of the season.
According to the expert, in January 2020 the growth trend in flour shipments from Ukraine continued developing, and the exports reached 35.2 thsd tonnes.
You can become acquainted with more detailed information about the flour milling market of Ukraine in the article of S.Sakirkin "Ukrainian flour market: results of the first half of 2019/20 MY" in the weekly issue Agrimarket Weekly #7 dd. March 2, 2020.
