Despite the challenges, the market remains stable, and demand for Ukrainian products continues to grow. The main consumers remain: - European Union: Spain, Italy, the Netherlands, France, Poland - Asia: India, China, Turkey - Africa and the Middle East: Egypt, Algeria, Saudi Arabia, a significant part of exports in 2024 will continue to be directed to India, which is the largest of Ukrainian. Increasing compound feed consumption in the world 2. Sunflower unrefined oil remains one of the key export Agricultural products of Ukraine, occupying a significant share in the world market of vegetable oils.
Exports of soybean from Ukraine are exported that in 2024, exports of soybean meal from Ukraine will exceed 2.5 million tons. - East and Africa Egypt, Algeria, Saudi Arabia increase purchases due to the growth of compound feed production. Conclusions in 2024 Ukraine retains its leadership positions modern technologies in agriculture (https://kyivgrandagro.com) the market of sunflower unrefined oil. Diversification of markets and expansion of transport capabilitiesUkraine has all the prerequisites for increasing soybean exports, especially in high demand for quality feed supplements in the world.
It is expected that in 2024 exports will reach 5.5-6 million tons, which corresponds to the level of past years. Prices for sunflower oil in 2024, world prices for sunflower oil depend on several factors, including yields, demand and changes in the geopolitical situation. - Asia China, Turkey and South Korea are actively buying soybean meal due to an increase in meat and poultry production. Export logisticsThe main routes of transportation of sunflower oil in 2024 remain the following: - Marine transport: about 80% of exports occur through Ukrainian Black Sea ports (Odesa, Chernomorsk, South).
The average price for the Ukrainian soybean meal in 2024 is expected to be as follows: - Europe: 450-500 USD per tonne (growth by 5% compared to 2023) - Asia: 470-520 USD per ton (depending on delivery conditions)- Middle East and Africa: $ 460-510 per tonne rise in prices is due to increased demand and difficulties with logistics. Due to the restrictions on the work of Ukrainian ports, exporters actively use alternative routes: - departure through Romanian ports of Constanta and Galats - the use of railways to Poland, Hungary and Slovakia - an increase in auto transportation to EU countriesUkrainian manufacturers and traders are actively expanding logistics to provide uninterrupted exports.
Further expansion of export opportunities and the development of logistics routes will help to strengthen Ukraine's position as a leading supplier of sunflower oil in the world. The main factors that affect exports are: - increasing demand for vegetable oils in Asia and Africa - the development of alternative transportation routes - a stable level of production in Ukraine - competition by other producers, including Russia and Argentina key marketsUkrainian sunflower oil is in high demand in different regions of the world.
Competition with Argentina and Brazil remains high. Ukraine continues to develop alternative logistics ways to reduce dependence on maritime transportation and increase the stability of deliveries. Logistics and alternative logistics routes remain one of the main factors in influencing exports.
Exports of soybean from Ukraine are exported that in 2024, exports of soybean meal from Ukraine will exceed 2.5 million tons. - East and Africa Egypt, Algeria, Saudi Arabia increase purchases due to the growth of compound feed production. Conclusions in 2024 Ukraine retains its leadership positions modern technologies in agriculture (https://kyivgrandagro.com) the market of sunflower unrefined oil. Diversification of markets and expansion of transport capabilitiesUkraine has all the prerequisites for increasing soybean exports, especially in high demand for quality feed supplements in the world.
It is expected that in 2024 exports will reach 5.5-6 million tons, which corresponds to the level of past years. Prices for sunflower oil in 2024, world prices for sunflower oil depend on several factors, including yields, demand and changes in the geopolitical situation. - Asia China, Turkey and South Korea are actively buying soybean meal due to an increase in meat and poultry production. Export logisticsThe main routes of transportation of sunflower oil in 2024 remain the following: - Marine transport: about 80% of exports occur through Ukrainian Black Sea ports (Odesa, Chernomorsk, South).
The average price for the Ukrainian soybean meal in 2024 is expected to be as follows: - Europe: 450-500 USD per tonne (growth by 5% compared to 2023) - Asia: 470-520 USD per ton (depending on delivery conditions)- Middle East and Africa: $ 460-510 per tonne rise in prices is due to increased demand and difficulties with logistics. Due to the restrictions on the work of Ukrainian ports, exporters actively use alternative routes: - departure through Romanian ports of Constanta and Galats - the use of railways to Poland, Hungary and Slovakia - an increase in auto transportation to EU countriesUkrainian manufacturers and traders are actively expanding logistics to provide uninterrupted exports.
Further expansion of export opportunities and the development of logistics routes will help to strengthen Ukraine's position as a leading supplier of sunflower oil in the world. The main factors that affect exports are: - increasing demand for vegetable oils in Asia and Africa - the development of alternative transportation routes - a stable level of production in Ukraine - competition by other producers, including Russia and Argentina key marketsUkrainian sunflower oil is in high demand in different regions of the world.
Competition with Argentina and Brazil remains high. Ukraine continues to develop alternative logistics ways to reduce dependence on maritime transportation and increase the stability of deliveries. Logistics and alternative logistics routes remain one of the main factors in influencing exports.