In 2022/23 MY, the export of sunflower seeds from Ukraine will remain significantly higher than the average annual pre-war level

Published 2022년 11월 14일

Tridge summary

The export of sunflower seeds from Ukraine is projected to decrease in the 2022/23 marketing year, but will still be higher than the average annual level, according to Tim Warledge, editor-in- chief of Fastmarkets Agricensus. This reduction is due to the reorientation of trade towards raw materials following the Russian invasion, which has caused logistical issues for processors and resulted in a significant decrease in the export of sunflower processing products (oil, meal) from Ukraine. Additionally, there is a forecast for further reduction in shipments of the oil mill in the 2022/23 marketing year.

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

Original content

In 2022/23 MR, the export of sunflower seeds from Ukraine will decrease compared to the result of the previous season, but will remain significantly higher than the average annual level. This forecast was voiced by Fastmarkets Agricensus editor-in-chief Tim Warledge during the international conference "Asia Grains & Oils Conference in Qazaqstan 2022" on November 11 in Astana. According to him, in 2021/22 MR Ukraine increased the shipment of sunflower seeds by 850% per year. At the same time, 92.5% of the total volume was delivered to foreign markets in March-August. In turn, the export of sunflower processing products (oil, meal) decreased significantly. "During the Russian invasion, trade was reoriented towards raw materials. Despite the fact that a large number of Ukrainian processing enterprises are located outside the war zone, logistical problems have become a significant obstacle to their normal functioning. As a result, processors did not have the opportunity to bring in ...

Source: Agravery