Ukraine has changed the geography of walnut exports

Published 2020년 12월 2일

Tridge summary

The COVID-19 pandemic has led to a decrease in the demand for walnuts, resulting in a sharp drop in Ukrainian walnut exports, particularly to Turkey, with supplies falling by 60% in the first 9 months compared to 2019. There has also been a change in the geographical structure of Ukrainian walnut exports, with increases in exports to the Netherlands, Germany, Austria, Poland, Hungary, Italy, Great Britain, and Kazakhstan. Long-term trends show that Germany, Belarus, Austria, Great Britain, UAE, Slovenia, and Croatia are the leaders in terms of growth of imports from Ukraine, while supplies to Iraq, Italy, and Azerbaijan are declining.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In a coronavirus pandemic, demand for walnuts has declined. In addition to the decline in exports, there have been changes in the geographical structure of Ukrainian walnut exports. This was reported by ukrainefood, writes agronews.ua. First of all, the sharp drop in the supply of walnuts to Turkey attracts attention. The decrease in supplies for the first 9 months in this direction amounted to 60% compared to 2019. Turkey's significant decline in Ukrainian walnuts may be due to the fact that this country has long been a kind of "reseller" of Ukrainian products. Turkish processors bought cheap Ukrainian walnuts, processed them, and then sold them at a much higher price, and often back to Ukraine. Deliveries to Belarus, Greece, Romania, Lebanon, the UAE and Georgia also fell sharply. If we talk about countries that have increased purchases of walnuts in Ukraine, it is worth noting a twofold increase in exports to the Netherlands, as well as an increase in exports of Ukrainian nuts ...

Source: AgronewsUA