Soybean meal in 2024: exports from Ukraine, major markets, prices and logistics

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Tandy Pamphlett ha scritto 7 mesi fa

The prospects for the development of Ukrainian exports of rapeseed meal are expected that in 2024 exports of rapeseed meal from Ukraine will remain at a high level. The favorable location of Ukraine for export to Europe and Asia. Expanding the market, agricultural logistics in particular in Asia and Africa. Global rapeseed market trends in 2024 the world market of rapeseed meal shows steady growth due to high demand for quality livestock feed.

The main factors that will contribute to its growth: 1. Average prices (USD/ton): – Asia – 260-280 – Europe – 250-270 – Africa – 270-290 – Middle East – 265-285 logistics and export prospects Ukraine continues to work on expanding export routes, agricultural business in Ukraine in particular through European transport corridors. Improvement of logistics and development of new export routes. Corn remains one import of agricultural goods the key export goods of Ukraine, providing a considerable share of domestic agricultural services exports.

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. Due to its competitive prices, high quality and strategic location of Ukraine, this sector has every chance of further growth and consolidation of positions in the international arena. The main producers of rapeseed are the European Union, Canada, China, India and Ukraine.

– France, Belgium and Poland: stable demand due to a developed agricultural sector. In addition to Europe, the demand for a Ukrainian rapeseed in China is increasing, where it is used for compound feed, as well as in Turkey and the Middle East. Ukraine remains one of the key players in global grain trade, which confirms its strategic importance in world food security. The main directions of export of rapeseed meal from UkraineUkraine remains among the leading rapeseed suppliers to the world market, providing a stable flow of products to European and Asian countries.

The main channels of transportation include: 1. Logistics challenges and alternative export routes in view of the geopolitical situation, Ukrainian exporters are actively looking for new routes for deliveries. Railway transport – the main direction – EU (Poland, Germany, Italy) – a share: 20%. One of the key solutions is the use of Romanian and Polish ports to ship large rapeseed parties. In 2024, the European Union, China, Egypt and Turkey are expected to remain the main areas of supply.

A relatively lower cost compared to products from Canada or EU. The seaports of Ukraine: Odesa, Chernomorsk, South. Chief Importers of the Ukrainian Rhais SchrootEurope remains the main market for the Ukrainian rapeseed meal, as EU countries are actively using this product to produce livestock feed. – fluctuations in global grain prices through inflation and economic situation. The main ways of exports: 1.

Investments in processing capacity in Ukraine that will increase production. Despite geopolitical difficulties, Ukrainian farmers were able to adapt to new conditions and provide high yields. This will provide stable export potential at 20-22 million tons.

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