During the 2019/20 marketing season, rapeseed producers in Ukraine increased exports by 18% to a record level of 2,890,000 tons. It took Ukraine 11 seasons to restore the record for the export of rapeseed, said the analytical company APK-Inform on Wednesday. According to analysts’ estimates, this is 10% more than the previous maximum reached in 2008/09 MY. Then 2,640,000 tons were exported.
“The main volumes of rapeseed were purchased by the EU countries – 95% of the total export volume against 88.5% last season, because they faced an acute shortage of oilseeds due to poor harvests,” said analyst Yulia Ivanitskaya
In physical terms, supplies of Ukrainian rapeseed to the EU, if compared with the previous season, increased by 26% and amounted to 2,740,000 tons. Among the importing countries, one can single out Germany – + 26% to last year’s purchases, Belgium – + 12%, the Netherlands – increased purchases by 2.6 times, France – + 19%, Poland – + 36%. The most significant reduction in purchases was observed in Portugal – almost five times.
Among the non-European states, Turkey became the leader, which in October 2019 imported a consignment that has no analogues in terms of volume – 60 thousand tons of Ukrainian rapeseed, and was in 6th place in the ranking.
