Spain: MAPA analyzes with the cereal and feed sector the impact of the Russian invasion of Ukraine

Published 2022년 3월 4일

Tridge summary

Ukraine is a key supplier of various agricultural products to Spain and the global market, including wheat, corn, sunflower, flour, and sunflower oil. Spain relies heavily on Ukraine for its maize imports, accounting for 22% of the country's total imports, and is also a significant importer of sunflower bagasse and oil. The disruption in these imports, coupled with price increases, could lead to critical short-term supply issues. The Spanish Ministry of Agriculture will bring these concerns to the European Commission, seeking urgent measures to improve the availability of these raw materials.

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Original content

Ukraine is one of the main exporters of wheat, corn, sunflower, flour and sunflower oil, so the stoppage of its sales abroad has an impact on the international prices of raw materials for animal feed. Spain annually imports an average of 2.7 million tonnes of maize from Ukraine, which represents 22% of Spanish imports and is the second largest supplier after Brazil. It also imports 233,000 tonnes of sunflower bagasse, which represents 68% of Spain's imports of this product, as well as approximately 500,000 tonnes of sunflower oil. The total stoppage of these imports, together with the increase in the price of these raw materials, can cause situations of great tension in short-term supplies, as supply flows are completely interrupted. The secretary-general said that the Ministry will communicate to the European Commission the need to adopt urgent and concrete short-term measures to improve the availability of these raw materials, in a scenario ...

Source: 3tres3