Exports of Ukrainian flour last season became the lowest in 9 years

Published 2021년 8월 6일

Tridge summary

Ukraine's flour exports for the 2020/21 season saw a significant decrease, dropping by 62% to 127 thousand tons, marking the lowest level in nine years, as reported by UkrAgroConsult. This decline was attributed to a production slowdown, with total production falling by 24% to 1258 thousand tons compared to the previous season. The UAE remained the largest buyer, accounting for 25% of total exports, followed by Moldova, Palestine, Israel, and Somalia. Only Israel and Venezuela saw an increase in their purchases of Ukrainian flour.

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

Original content

For the entire 2020/21 season, flour exports from Ukraine amounted to 127 thousand tons, which is 62% lower compared to the previous 2019/20 season. This figure has become the lowest over the past nine years. This is reported by analysts at UkrAgroConsult. In June, 14 thousand tons of Ukrainian flour were exported (2 times more than in May, -21% from June 2019/20 MY). Exports fell due to a slowdown in production. For the entire season, only 1258 thousand tons were produced, which is 24% less than in 2019/20 MY. The UAE remains the main buyer of flour from Ukraine with a 25% share; Moldova, Palestine, Israel and Somalia were also included in the top five importers in 2020/21 MY. Most buyers have reduced their imports compared to MY 2019/20: Among the main importers, only two countries increased their purchases of ...

Source: Elevatorist