Exports of corn from Ukraine Ukraine is one of the largest corn exporters in the world. Average prices (USD/ton): – Asia – 260-280 – Europe – 250-270 – Africa – 270-290 – Middle East – 265-285 logistics and export to Europe export prospects Ukraine continues to work on expanding export to Europe routes, in particular through European transport corridors. – fluctuations in global grain prices through inflation and economic situation. Basic transportation channels: – Marine transport: provide about 65% of exports, the main ports of sending – Odessa, Chernomorsk, Southern – Rail: covers 25% of exportThe Ukrainian soy meal is in high demand in different regions of the world: – the European Union of Poland, Germany, Spain and the Netherlands are the main importers of the Ukrainian meal for use in the livestock industry.
Despite geopolitical difficulties, Ukrainian farmers were able to adapt to new conditions and provide high yields. – East and Africa Egypt, Algeria, Saudi Arabia increase purchases due to the growth of compound feed production. Exports of soybean from Ukraine are exported that in 2024, exports of soybean meal from Ukraine will exceed 2.5 million tons. – Asia China, Turkey and South Korea are actively buying soybean meal due to an increase in meat and poultry production.
The main buyers are the countries of Europe and Asia, where the demand for timely delivery of agricultural products this product is steadily high. Demand is increasing due to the transition to more environmentally friendly protein sources in feed. In 2024, the European Union, China, Egypt and Turkey are expected to remain the main areas of supply. It is expected that in 2024 the possibilities of transportation through railway crossings and alternative ports will be improved.
Market Demand Prospects for the Ukrainian Soybean Syrot will remain stable thanks to the following factors: 1. Important factors for export are product quality, competitive prices and fast delivery. Sea transport – through the ports of the Black Sea (Odesa, Black Sea, South) – alternative routes through ports of Romania and Poland – share in general exports: 70% 2. The dynamics of the corn market in 2024 is projected, the gross harvest of corn in Ukraine in 2024 will be about 28-30 million tons.
Further development of the corn market will depend on weather conditions, yields and world demand. In China, the Ukrainian meal competes with American and Brazilian products. Railway transport – the main direction – EU (Poland, Germany, Italy) – a share: export of agricultural goods 20%. In 2024, Ukraine continues to increase the export of soybean meal, despite the challenges in the field of logistics and competition in the world market. Soy meal is one of the key products of Ukrainian agrarian exports, which is widely used in animal husbandry and feed industry.
Logistics and alternative logistics routes remain one of the main factors in influencing exports. Ukraine remains one of the key players in global grain trade, which confirms its strategic importance in world food security.