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Ukraine flour exports increases 43.5% in December 2016 than December 2015

Ukraine flour exports increases 43.5% in December 2016 than December 2015

KIEV: Ukrainian exporters supplied 42.5 KMT of flour to foreign markets in December 2016, or 43.5% more than in December 2015. Overall, this is the largest monthly volume of flour shipments from Ukraine, UkrAgroConsult notes.

Ukraine exported 9.6% more flour in H1 2016/17 than at the same time in MY 2015/16 (197.6 KMT and 180.3 KMT, respectively). As before, the largest destination markets for Ukrainian flour are China and South Korea with their combined share of 35%.

The key feature of the current season was a surge in Ukrainian flour deliveries to African countries. In particular, Angola has already become the third-ranking buyer of Ukrainian flour, following South Korea. About 20 KMT of flour from Ukraine (10%) was supplied to Angola in the period under review.

This country purchased 7.5 KMT in the 2015/16 season. Besides, Somali imported over 13.5 KMT of Ukrainian flour against 1.9 KMT for the entire last season. Also, it is worth mentioning other African markets that grew this season, specifically countries such as Benin, Ghana, Djibouti, Egypt, Madagascar and Togo.

Roughly 41 KMT of Ukrainian flour was shipped to African countries in H1 2016/17