Starch Exports From Ukraine Increased

by Roman Cheplyk
Wednesday, December 15, 2021
Starch Exports From Ukraine Increased

In October 2021, Ukrainian enterprises exported 4.7 thousand tons of corn starch, which is 61% higher than September shipments and 150% higher than in October 2020/2021 marketing year

It is noted that since the beginning of the season, exports amount to 7.5 thousand tons. This is 69% higher compared to the same period last year. 

According to Ukragroconsult experts, the leader in terms of purchases of Ukrainian starch is China, whose share is 32%, and imports are 27 times higher than last year. 

EU countries also increased their Ukrainian starch imports + 90%, Malaysia, 2.5 times, and Taiwan, 3.3 times. The exception is Indonesia, which reduced its purchases of starch from Ukraine by 11% compared to September-October 2020. In addition, Nigeria and Thailand in September-October last season did not buy starch in Ukraine, but this season has already imported a total of 1.34 thousand tons.

Also, in the 2021/2022 marketing year Ukraine will increase the production of sunflower and soybean meal by 20% and 3%, respectively.

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