Ukraine has gained a foothold in the corn starch market of Nigeria

Published 2021년 10월 11일

Tridge summary

Ukraine's corn starch exports have seen a 14% decrease since the start of the 2020/21 marketing year, with August deliveries falling by 42% and 8% compared to the previous month and year, respectively. The main importer, Indonesia, has reduced its purchases by 34%. Other countries such as the UAE, Malaysia, and Taiwan also decreased their imports, while the EU, China, and Thailand have increased their purchases. Nigeria has emerged as a new significant buyer, placing fourth on the list of the top importers of Ukrainian starch.

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

Original content

Since the beginning of 2020/21 MY, Ukraine has exported 77.9 thousand tons of corn starch, which is 14% less than in the previous season. In August, deliveries to foreign markets of these products amounted to 3.7 thousand tons (-42% compared to July, -8% from August 2019/20 MY), according to analysts at UkrAgroConsult. “Indonesia, the main buyer of starch from Ukraine, has reduced its purchases by 34% compared to last season,” experts say. In addition to Indonesia, exports also decreased compared to MY 2019/20: UAE (-69%), Malaysia (-17%), Taiwan (-61%). N.B. Pigs or for processing. Why the starch industry is not developing in Ukraine An increase in purchases compared to last season ...

Source: AgroPortal.ua