Russian sunflower meal crowds Ukrainian on the Belarusian market

Published Jul 19, 2021

Tridge summary

In the 2020/21 marketing year from September-May, Belarus experienced a significant shift in its sunflower meal imports, with a notable decrease in imports from Ukraine by 42% to 153 thousand tons, largely due to the attractive pricing of Russian sunflower meal. This shift led to a substantial increase in Russian sunflower meal exports to Belarus by 16% to 202 thousand tons, thereby raising the market share of Russian product to 57% from 40% in the previous season. Consequently, the share of Ukrainian sunflower meal dropped to 43% from 60%, marking a first for Russian sunflower meal to become the leading choice in the Belarusian market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to APK-Inform news agency, in September-May 2020/21 MY Belarus reduced imports of Ukrainian sunflower meal to 153 thousand tons, which is 42% less than in the same period of the previous season. This situation is due to the fact that during the reporting period, Belarusian buyers preferred the cheaper Russian product, which ultimately significantly displaced the Ukrainian meal. For 9 months of the current season, supplies of Russian sunflower meal to Belarus increased to 202 thousand tons, which is 16% more than in the same period of the 2019/20 season. As a result, the share of the Russian product on the Belarusian market increased to 57% from 40% ...
Source: Oilworld

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
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.