Global trading platform TridgeGlobal trading platform TridgeGlobal trading platform Tridge
Intelligence & Data
Sign In
Current Plan
Intelligence & Data Solution
Get started with Premium Plan of our Intelligence & Data Solution to get access to premium content and data in food and agriculture
Local News

Ukraine: Kernel oilseeds crushing 12% down, edible oil sales 14% lower YoY in H1 FY2022

Seeds / Oil Seeds
Other Edible Vegetable Oil
Price Trend
Supply Yield / Stock Quantity
Jan 21, 2022
Share This News
In Q2 FY2022, Kernel, the largest agricultural holding in Ukraine founded and chaired by Andrei Verevskiy, edible oil sales volume reduced 6% YoY, to 399 thou. t, including 19 thou. to of rapeseed oil and 36 thou. t of bottled sunflower oil.
During H1 FY2022, edible oil sales by the company dropped by 14% YoY to 619.45 thou. t, the report reads. Kernel processed 985 thou. t of sunflower seeds in Q2 FY2022, down 2% YoY, as farmers this season have relatively weaker post-harvest pressure to sell the oilseeds given the highly profitable previous season. "Accounting also for the undermined performance in Q1 FY2022 as compared to the same period of the previous year, H1 FY2022 processing volume ended up 12% down YoY," says the company. In H1 FY2021, Kernel crushing plants processed 1.66 mln t of oilseeds, whereas in H1 FY2022 this indicator scaled down to 1.46 mln t. The Ukroilprom projection for sunflower oil output in Ukraine in 2021/22 is 24.1% up YoY, at over 7.2 mln t. Crude sunflower oil production in ...
Was this news article helpful?
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.