In the new season, Ukraine will be able to export 0.5 million tons of refined sunflower oil

The oil and fat industry of Ukraine continues to operate in conflict conditions and adapts to the realities of the current situation. In MY 2022/23, in addition to the low sunflower harvest, power outages, and problems with product sales, the end of the season was accompanied by worsening logistics problems. Large carry-over stocks of sunflower and finished products, which were initially viewed as a burden, compensated for the decline in the harvest and allowed the industry to operate and increase exports of our strategic product - sunflower oil. Some players have chosen refining as one of the ways to solve current problems and keep their business operational. In 2022/23 MY, exports of refined sunflower oil increased (+7% compared to 2021/22 MY). The pace of refined oil shipments was fairly stable throughout the season. The share of refined oil exports in total exports decreased, but remained one of the largest indicators - 9.7%. Ukraine managed to maintain a wide geography of ...