Belarus increased imports of soybean meal from Ukraine by 36%

Published 2022년 2월 21일

Tridge summary

Ukraine's soybean meal exports in the 2021/22 marketing year (September-December) saw a 5% decrease compared to the previous year, reaching their lowest level in three seasons at 179 thousand tons. Despite this, the export potential for the upcoming year is expected to increase by 35% from the previous year, according to UkrAgroConsult analysts. The primary importers of Ukrainian soybean meal were Belarus and EU countries, with export volumes also experiencing growth in directions to Azerbaijan, the Netherlands, and Poland, while there was a significant decrease in exports to Uzbekistan, Hungary, and Georgia.

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

Original content

The export of soybean meal from Ukraine in 2021/22 MY (September-December) reached its lowest level over the past three seasons - 179 thousand tons. This is 5% lower compared to the same period last year. The gap from last year's figures has narrowed, soybean processing rates have increased. The export potential of MY 2021/22 is projected to be 35% higher compared to MY 2020/21, UkrAgroConsult analysts report. Belarus (+36%) and EU countries (-27%) remain key importers. The growth of export volumes was noted in the ...

Source: Oilworld