Ukraine continues to increase exports of walnut kernels to the UK

Published Oct 2, 2020

Tridge summary

Due to the pandemic, Ukraine's walnut kernel exports have faced challenges, with a decrease in demand from Turkey and the EU. Consequently, the country has had to seek alternative markets, with the UK emerging as a significant buyer, resulting in a 3.6-fold increase in imports in the first seven months of the year. Despite the high quality and safety standards of the UK market, the volume of exports to the UK remains low at around 1.5%, with Turkey still being the primary market. Purchases by France, the Netherlands, and other countries have increased, while exports to Iraq have significantly dropped. Overall, Ukraine's walnut kernel exports were down by 21% in the first seven months of 2020 compared to the same period in 2019, totaling 18.7 thousand tons.

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

Original content

According to EastFruit analysts, in 2020 Ukraine had problems with the export of walnut kernels through previously established sales channels due to the severance of trade ties during the coronavirus pandemic. A sharp decline in demand for Ukrainian walnuts from Turkish importers, a sharp decline in the volume of purchases by EU countries, forced Ukraine to look for alternative markets. One of the countries that sharply increased purchases of walnuts from Ukraine was the UK. Despite the high quality and safety requirements for walnut kernels when delivered to the UK market, they are very attractive in terms of high price points. Therefore, in the first seven months of the calendar year, shipments of Ukrainian-made walnut kernels to the UK increased 3.6 times. See also: “How to get three tons of walnuts per hectare in the third year - the experience of California, USA” However, it should be noted that the share of this country in the export of walnut kernels from Ukraine remains ...

Source: Eastfruit