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Exporting of Ukraine’s sunflower oil fell to a minimum to three years

Photo: Getty photos (Ilyustrative Photo)

The main factors that are limited exporting are the smaller sunflower yield of 2024 and its low processing margin.

According to operating data, in August sunflower exports from Ukraine dropped to 150 thousand tons, which became a minimum of monthly volume to more than three years. This was reported by the agency APK-INFORMATION On Wednesday, September 3.

It has become the second most long -term indicator for the last 14 seasons.

It is noted that the reduction occurred in all major areas, in particular, delivery to India was not recorded.

Experts have noted that the reduction in export rates is due to periodic factors, in particular, reducing sunflower in the domestic market, which is limited processing, as well as reducing demand from some imports to expecting the supply of cheapest oil from the raw materials of the new produce.

In total, according to the results of 2024/25 MR, 4.73 million tons of sunflower oil has exported from Ukraine, which is 24% less than the previous season and has been a minimum for the last three seasons.

The main factors that are limited exporting are the smaller sunflower yield of 2024 and its low processing margin.

At the same time, delivery to the major sales markets during the season, which has ended, has increased slightly.

Top 3 imports of Ukrainian oil include India (767 thousand tons; +44%of 2023/24 MR), Spain (656 thousand tons; +11%) and Italy (504 thousand tons; +28%).

Earlier it was reported that Ukraine reduced agro export -product by more than 23%.

This year will have the worst harvest of the past decade

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Source: korrespondent

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