Ukraine has increased the export of cheap types of cereals

Published Oct 29, 2024

Tridge summary

Ukraine's grain product exports have seen a decline, with the country exporting 192 thousand tons in the current year, a decrease from 207 thousand tons in the pre-war years and 163 thousand tons during the war. In 2023, cereal exports dropped to 133 thousand tons. Commercial director of Terra LLC, Oleksandr Yasynskyi, reported that the export of peas is almost completely exhausted and the demand for expensive cereals has decreased, while demand for cheap cereal products remains high. The demand for organic products has also decreased, and the domestic market for gluten-free products, including peas, millet, and corn, is strong, with this trend being maintained for the past 10 years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the current year, the total export volume of grain products amounted to 192 thousand tons. In the pre-war years, all processing enterprises together "rocked" the export of grain products to 207 thousand tons, and with the beginning of the war, Ukraine requested up to 163 thousand tons. In 2023, only 133 thousand tons of cereals were exported. Oleksandr Yasynskyi, commercial director of Terra LLC, said this, AgroPortal reports. "The leaders are peas, but this year it will be almost completely exported with grain, and processors will have nothing left. The export of oat flakes and oat groats together is 12 thousand tons, corn groats and millet also have a low export potential. Only 300-500 tons of barley, pearl barley, and wheat groats were exported 6-7 years ago, and now the export figure has increased almost fourfold and is 1.5 thousand tons," he noted. The expert added that today the demand for expensive cereals (types of rice, couscous, bulgur) has decreased, but high demand ...
Source: Agrobusiness

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.