Ukraine increases wheat supplies to Asia
May 28, 2014
by World Grain Staff
KIEV, UKRAINE — During three recent seasons, countries in the Middle East, North Africa and the E.U. were the main sales market for Ukrainian wheat, APK-Inform said on May 28.
At the same time, the share of the grain supplies to North Africa remains fairly stable (32.7% of the general wheat exports in 2011-12, and 36.8% from July to January of 2013-14). The index for the Middle East countries declined from 29.9% in 2011-12 to 16.9% in the July-January period of 2013-14.
In the current reporting period, the share of Ukrainian wheat exports to the E.U. countries declined even more dramatically to 2.6% compared to 29.7% in 2011-12.
At the same time, Ukraine showed a significant increase of wheat supplies to Asian countries. In 2011-12, the export volumes of Ukrainian wheat to the countries of Southeast Asia totaled 3.8%.
During the first seven months of the current year the index grew to 15.6%. In the current season (July-January) the share of Ukrainian wheat exports to Asia exceeded 28.6%, including 15.6% to Southeast Asia, 7.4% to South Asia, and 5.6% to East Asia.