Sowing areas under mustard in Ukraine have almost halved

Published 2021년 3월 1일

Tridge summary

Ukraine's position as a top five mustard seed producer globally, with production fluctuating between 30-40 thousand tons, was established in 2019, but a significant reduction in sown areas by almost half in 2020 led to a decline in production, largely due to a price drop and unfavorable weather conditions. Despite these challenges, mustard seed exports reached 90-95% of the total production in 2020, with the European Union being the primary consumer, including countries like Germany, the Netherlands, Hungary, Romania, and Greece, which accounted for 82% of Ukraine's export revenue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mustard seed production in Ukraine over the past 5 years has fluctuated at 30-40 thousand tons. According to AgroPortal, this allowed Ukrainian producers of this product, according to FAOstat, in 2019 to take 5th place in the world ranking of the largest producers of mustard seeds in the world, second only to Nepal, Russia, Canada and Myanmar. However, in 2020 the sown area under mustard was reduced by almost 2 times: from 49.6 to 25.2 thousand hectares, which, in turn, led to a significant reduction in production. According to Svitlana Lytvyn, an analyst at the Ukrainian Club of Agrarian Business, a number of factors were the reason. "First of all, this is a price slump in late 2019 by almost 45% compared to the beginning of 2018, which occurred due to excessive supply in the market. An additional factor was the unfavorable weather conditions, "she said. According to Lytvyn, mustard is a moisture-loving crop, and in the spring of 2020 in the south of Ukraine (the main region for ...
Source: Agrobusiness

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.