Main export destinations for Polish cereals

Published Sep 17, 2024

Tridge summary

The article reports on the grain export performance of a country during the period July 2023 to April 2024, highlighting a 17% increase in total exports to 10.6 million tonnes despite a 19% decrease in revenue due to lower transaction prices. Wheat was the primary export, with the EU, especially Germany, being the main destination. Corn exports saw a slight decrease, with the majority going to EU countries. Poland experienced lower grain imports due to a ban on Ukrainian grain and good harvests. The article also mentions the European Commission's automatic safeguard mechanism on oats imports from Ukraine and the impact of new harvests and strong competition on grain prices.

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

Original content

Grain Export Performance Total exports reached 10.6 million tonnes, a 17% increase compared to the previous season. Wheat dominated exports, followed by corn, rye, barley, oats, and sorghum. While export volumes increased significantly, revenues from foreign sales decreased by 19% due to lower transaction prices. Main export destinations In the period July 2023 - April 2024, domestic exporters placed grain mainly on the EU market (nearly 6.4 million tonnes, 61% of total grain exports), primarily in Germany -3.7 million tonnes - 35% of grain exports, the Netherlands- 1.2 million tonnes - 12% and Spain- 380 thousand tonnes, 4%. 4.2 million tonnes of grain were exported to third countries (39% of grain exports). Cereal grain (mainly wheat) was exported to: Nigeria- 1 million tonnes, 9% of total grain exports, Great Britain- 574 thousand tonnes, 5%, South Africa- 501 thousand tonnes, 5% and the USA- 230 thousand tonnes, 2%. The recipients of approximately 67% of the wheat grain volume ...

Source: Agroberichtenbuitenland