There may not be enough space for Ukrainian grain in the port of Constanta

Published 2023년 5월 22일

Tridge summary

The Romanian port of Constanta is a significant route for grain export, having exported 24 million tons in 2022, despite a decrease from the previous year's record. The port's capacity for grain transshipment in 2023 is estimated to be 30-34 million tons, with the potential to store up to 2 million tons of agricultural products. However, the expected increase in Romania's crop production to 24.9 million tons in the 2023/24 FY may result in less space for Ukrainian grain, as terminals are likely to prioritize traditional customers.

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

Original content

One of the possible routes for the export of grain is transshipment in the Romanian port of Constanta. This port exported 24 million tons of grain during 2022, which is 5% less than in the record year of 2021, when 25.2 million tons were exported. But these statistics do not take into account oil and refined products, which in 2022 were shipped 3.7 million tons - a record amount in the entire history of the port. And this was achieved in a year with a low harvest in Romania itself (according to the calculations of UkrAgroConsult, the grain harvest in FY 22/23 amounted to 18.6 million tons). Estimates of the capacity of the port of Constanta for transshipment of grain in 2023 are within 30-34 million tons, of which 21-25 million tons are transshipment through terminals, and another 9 million tons are transshipment using floating cranes. According to the calculations of UkrAgroConsult, it is possible to simultaneously store up to 2 million tons of agricultural products in the port ...

Source: Agroconf