Turkey displaces Spain from the top spot in Ukrainian corn imports

Published 2025년 2월 11일

Tridge summary

During the initial months of the 2024/2025 marketing year, Turkey has emerged as the leading importer of Ukrainian corn, significantly increasing its imports to 1.86 million tons from October 2024 to January 2025, a nearly 10-fold increase compared to the same period in the previous year. This surge in demand has positioned Turkey ahead of Spain, which imported 1.5 million tons during the same timeframe. The sudden rise in Turkish imports is largely due to the strategic use of the corn import quota, which was depleted early due to high demand. In contrast, Spain has shifted its focus towards American corn due to its lower prices, posing a challenge for Ukrainian corn suppliers in the Spanish market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the first few months of the 2024/2025 marketing year, Turkey has overtaken Spain as the largest importer of Ukrainian corn, according to statistics from the Ukrainian agency ASAP Agri. Turkey imported 1.86 million tons of Ukrainian corn from October 2024 to January 2025, which is almost 10 times more than in the same period last season, when the volume of imports amounted to only 194 thousand tons. Svetoslav Rusalov: There is no point in looking at grain if there is another year of losses According to official statistics, Spain imported 1.5 million tons of Ukrainian corn during the same four-month period. The rapid growth in demand from Turkey, especially in the first three months of the marketing season, is due to the active use of the corn import quota, which was completely exhausted in early December 2024, almost a month before the deadline. Meanwhile, Spain significantly increased its purchases of American corn this season, reducing imports of Ukrainian grain due to ...
Source: Agri

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.