Ukrainian wheat exports kept falling in December
December exports totaled 495 KMT (-58% from November and -67% from November 2019/20). This was the lowest volume since December 2011, UkrAgroConsult reports.
This season’s exports (July-December) totaled 12.5 MMT (-17% y-o-y).
Indonesia, Bangladesh, and Thailand made no wheat purchases from Ukraine in December. Consequently, the year-on-year decrease in their imports widened by another 11%, 46%, and 9%, respectively.
In addition, a drop occurred in demand from Egypt (-33% y-o-y), Turkey (-42%), the Philippines (-43%), Tunisia (-4%).
Pakistan did not import Ukrainian wheat last year, but this season it is the third biggest importer absorbing 10% of Ukrainian exports.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 3-day free trial!!
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