Ukraine becomes main wheat supplier to EU
23:50, 03 September 2019
From July 1 to Aug 25, wheat imports by European Union member states grew 11%, up to 448,000 tonnes.
Ukraine from the beginning of the 2019-2020 marketing year (MY, July 2019 – June 2020), as of Aug 25, increased wheat exports to the European Union sixfold year-on-year, to 188,800 tonnes, becoming the main supplier to the EU countries.
That’s according to Ukragroconsult consultancy, which referred to data provided by the European Commission. The report says from the beginning of 2019-2020 MY, as of Aug 25, 2019, EU countries increased imports of soft wheat from Ukraine by more than six times compared with the same period of 2018-2019 MY – from 29,700 tonnes to 188,800 tonnes.
This allowed Ukraine to become the main supplier of soft wheat to the European Union with a share of 42% in total imports, according to the press service. At the same time, experts say from the beginning of the current marketing year, as of Aug 25, the EU member states reduced purchases of soft wheat from Russia to 42,400 tonnes, while Russia’s share in total imports decreased from 32%, to almost 10%.
The consultancy says, in the period from July 1 to Aug 25, wheat imports by European Union member states grew by 11%, up to 448,000 tonnes.
As UNIAN reported earlier, in 2018-2019, Ukrainian agrarians exported 49.7 million tonnes of grains, which is a recor high over the entire history of state independence. Ukraine in 2018 increased exports of agricultural products to the EU by 8.7%, up to $6.3 billion.
(c) Unian 2019