Active import of Belarusian potato starch forced Ukrainian producers to export to China

Published Apr 15, 2021

Tridge summary

Ukraine has seen a significant increase in potato starch exports to China, reaching nearly 1.1 thousand tons from September 2020 to January 2021, with China setting a record for imports from Ukraine. However, Ukrainian producers are facing challenges in their own market due to dumped imports from Belarus, leading to losses in domestic sales. The quality of Ukrainian starch is a key factor in its success in the Chinese market. However, opportunities for Ukrainian potato starch exports are limited in neighboring markets as they are supported by their governments for production. The European Union (EU) is a major exporter of potato starch, importing only a small amount from non-EU countries like Ukraine. Belarus and Poland are the main suppliers of potato starch to the Ukrainian market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was reported by east-fruit.com. "Only for the period from September 2020 to January 2021, Ukraine was able to export almost 1.1 thousand tons of potato starch, while in previous seasons, exports for the entire marketing year ranged from 100 to 400 tons. Meanwhile, imports in the first 5 months of this season reached only 700 tons, which is also a record low for this period for at least the last 5 marketing years, "- said in a statement. The key and almost the only market for Ukrainian potato starch abroad this season was China, which imported about 95% of all Ukrainian exports and has already set a new record for imports from Ukraine. From September 2020 to January 2021 alone, more than a thousand tons of Ukrainian products were sent to China. "On the one hand, Ukraine has really managed to make a real breakthrough in the Chinese potato starch market over the past few seasons, and we can already say that China is becoming the main export destination for the Ukrainian ...
Source: Agravery

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