In Ukraine, the growth of the export of sunflower oil is recorded

Published Jul 16, 2024

Tridge summary

Ukraine has experienced a nearly 20% increase in sunflower oil exports during the first ten months of the 2023/24 marketing year compared to the same period in the previous year, according to the 'Ukroliyaprom' Association. This growth is despite challenges such as fan power outages due to armed group actions and issues with logistics, technical regulation, and market preservation. The association is focusing on the development of the oil and fat industry, particularly in the processing of soybeans and rapeseeds. Additionally, Ukrainian apples have proven to outperform those from Poland, Moldova, and Serbia in quality during the export season.

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

Original content

The export of sunflower oil from Ukraine for ten months of the 2023/24 marketing year increased by almost 20% compared to the same period of the 2022/23 MR. This was reported by the press service of the "Ukroliyaprom" Association. The Association "Ukroliyaprom" noted that the main problem of the oil and fat industry in May-June of this year was the return to fan power outages due to the aggressor's efforts to destroy the energy system of Ukraine. Solving issues of logistics, technical regulation, preservation of existing oil and fat product sales markets and search for new ones remains relevant. "We envisage the further development of the oil and fat industry of Ukraine not so much in increasing the processing of sunflower seeds, but in such oil crops as soybeans and rapeseeds, which until now are considered export-oriented," ...

Source: Landlord