Ukraine has increased walnut exports to Britain

Published 2020년 10월 8일

Tridge summary

Ukraine has seen a decrease in demand for its walnuts from traditional markets like Turkey, the EU, and Iraq, prompting an effort to find alternative markets. The UK has emerged as a notable new buyer, with imports of Ukrainian walnut kernels surging by 3.6 times from January to July 2020, despite the country's stringent quality and safety standards. Although the UK currently accounts for only about 1.5% of Ukraine's walnut kernel exports, other countries like Turkey, France, the Netherlands, Austria, Hungary, the Czech Republic, and Kazakhstan have also increased their purchases. Overall, Ukraine's walnut kernel exports for the first seven months of 2020 were down by 21% 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

The sharp decline in demand for Ukrainian walnuts this year from Turkey, a sharp decline in procurement by EU countries, has forced Ukraine to look for alternative markets. This was reported by EastFruit. It is noted that one of the countries that dramatically increased purchases of walnuts from Ukraine was the United Kingdom. Despite the high quality and safety requirements for walnut kernels when supplied to the British market, it is very attractive in terms of being able to obtain a high price. Therefore, in the first seven months of the calendar year, shipments of Ukrainian walnut kernels to this country increased 3.6 times. Experts say that the share of this country in the export of walnut kernels from Ukraine remains low - only about one and a half percent in physical terms. The main market, despite the fall in supplies by 36%, is Turkey. France came in second and the Netherlands came in third, increasing purchases by 73%. Read also: Ukraine has patented a new variety of ...

Source: Agrobusiness