New challenges for the oilseed market in Ukraine

The Ukrainian market of oilseeds and processed products has undergone a significant transformation over the current season, adjusting to the current realities, which did not always meet the interests of local companies. At the same time, the work of the industry demonstrates rather high rates. Sunflower In 2022/23 MY, Ukraine remained among the TOP sunflower producers in the world, however, there was a significant redistribution of its use within the country. The share of oilseed exports from the total supply increased to 14%, which is the maximum for a long period. Accordingly, the share of refining amounted to about 83%, which was one of the lowest indicators since 2009/10 MY. Thus, during the season, a record and uncontrolled sunflower export was observed from Ukraine, which happened against the backdrop of a drop in oilseed processing and sunflower oil exports due to limited port operation. The main volume of exports (79%) in September-May fell to the EU countries, namely to ...