Export of meal. July 2024
According to IA “APK-Inform”, in July 2024, the export of Ukrainian sunflower meal decreased to approximately 290 thousand tons, which is 28% less than in June, but 12% more compared to July 2023. This is the highest July indicator in the last 4 years.
In particular, supplies to China decreased by 16% to 179,000 tons, while exports to the European Union increased by 4% and reached 102,000 tons.
Protective tariffs in the EU on products from Russia and Belarus improve the competitiveness of Ukrainian meal on the European market. In July 2024, the European Union did not import Russian sunflower meal, preferring Ukrainian (78%) and Argentine (14%). Also, for the first time in a long time, meal was imported from Kazakhstan (4%).
For the 2023/24 season (July-June), the share of imports of Russian meal was 27%. In general, during the September-July period, Ukraine exported 4.5 million tons of meal — the maximum figure for the last 4 seasons. The EU (42%) and China (37%) remain the main export destinations.