An expert forecast on Ukrainian oil exports has been published

Published 2023년 3월 15일

Tridge summary

Ukraine is set to experience a significant increase in the production of sunflower-related products in the 2022-2023 season, with an anticipated 10.4 million tons of sunflower production, resulting in the export of 3.95 million tons of sunflower oil, 3.3 million tons of sunflower meal, and 2.65 million tons of sunflower seeds. However, a decrease in the global production of oil crops is expected, with a predicted drop of seven million tons due to reduced production of Indian cotton, sunflower, and Argentine soybeans, partially offset by an increase in rapeseed crops in Ukraine and Australia. Meanwhile, Ukraine's wheat and corn crops are expected to yield 21 million tons and 27 million tons, respectively, with export projections remaining the same as previously forecasted. Additionally, the harvest of grain and oil crops for 2022 is predicted to be 10-15% lower than the previous year, and the export of oil crops is becoming more expensive.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the period 2022-2023, Ukraine will be able to export sunflower oil in the amount of 3.95 million tons, as well as sunflower meal and sunflower seeds in the amount of 3.3 million tons and 2.65 million tons, respectively. This is reported by Latifundist.com, citing per USDA report According to analysts, in 2022-2023, sunflower production in Ukraine will reach a volume of 10.4 million tons. During the same period, the forecasted production level of sunflower meal reaches 4.213 million tons. During the same time, 4.386 million tons should be produced in our country oil Experts also predict a drop in the production of oil crops in the world by seven million tons. According to the report, it will amount to 630 million tons. Analysts explain the decrease by the reduction of crops of Indian cotton, sunflower and Argentine soybeans. The declines are only partly compensated by the increase in rapeseed crops in Ukraine and Australia. It should be said that USDA experts forecast wheat ...

Source: Agropolit