News

The paradox of potato starch in Ukraine: Active import of Belarusian products pushes Ukrainian producers to the Chinese market

Potato Starch
China
Belarus
Ukraine
Published Apr 15, 2021

Tridge summary

Ukraine will set a historic record for the export of potato starch in the 2020/21 season (September-August), EastFruit reports. In the first five months of the current season alone, the country managed to export almost three times more of these products than in the entire previous marketing year. Meanwhile, imports of potato starch to Ukraine have fallen sharply, and the country's trade balance may for the first time reach positive indicators in at least the last five years.

Original content

Is everything so rosy in reality, was Ukraine able to reverse the trend for imported potato starch, and what prospects do Ukrainian products have on the world market? EastFruit offers to sort it out with the help of Sergey Samonenko, director of VIMAL, the leading producer and exporter of starch in Ukraine, and Evgeny Kuzin, head of international projects Fruit-Inform.com, the only information and analytical agency in Ukraine for professionals in the fruit and vegetable market. In the period from September 2020 to January 2021 alone, Ukraine was able to export almost 1.1 thousand tons of potato starch, while in previous seasons, export volumes for the entire marketing year ranged from 100-400 tons. Meanwhile, imports in the first five months of the current season reached only 700 tons, which is also a record low for this period in at least the last five marketing years. The key and practically the only sales market for Ukrainian potato starch abroad this season has become China, ...
Source: Eastfruit
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