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.
Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.
These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.