The increase in the share of sunflower seeds in Ukraine is the largest change in the structure of oilseed exports

Published 2022년 11월 25일

Tridge summary

Ukraine has experienced a significant shift in its oilseed export structure in the current year, with sunflower seed exports seeing a substantial increase. In the past year, exports totaled 79 thousand tons valued at $39.2 million, but within the first 9 months of the current year, exports surged to 1,754 thousand tons, worth $893.5 million. This represents a dramatic rise in the share of sunflower seeds in the total exports, increasing from 0.06% to 2.70%. While the exports of oilseeds and their processed products are expected to dominate the country's total exports more than in previous years, this is largely due to a decline in other export categories rather than an absolute increase in oilseed exports.

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Original content

The biggest change in the export structure of Ukrainian oilseeds this year is the increase in the share of sunflower seeds. This was announced by the director of the Ukrainian Agrarian Confederation Pavlo Koval, writes growhow.in.ua. Over the entire last year, Ukraine exported 79 thousand tons of sunflower seeds for $39.2 million. This year, in just 9 months, exports have already amounted to 1,754 thousand tons for $893.5 million. The share of sunflower seeds in the total export structure increased from 0.06% last year to 2.70% for 9 months of 2022. Pavel Koval noted that this year the share of oilseeds in the total export structure is likely to increase compared to previous years. However, this will primarily ...

Source: Finance