Belarus boosted soybean meal imports from Ukraine by 36%

18 February, 2022 at 10:02

Soybean meal exports from Ukraine in September-December 2021/22 hit a three-year low of 179 KMT (-5% y-o-y). They somewhat caught up to last year’s pace, soybean crush quickened, UkrAgroConsult reports.

Export potential in MY 2021/22 is forecasted to be 35% higher from MY 2020/21.

The biggest importers are still Belarus (-36% y-o-y) and the EU (-27%).

Growth in exports was registered to the following markets: Azerbaijan (+44%), The Netherlands (+32%), Poland (+3%).

A slowdown in exports was fixed to Uzbekistan (-63%), Hungary (-62%) and Georgia (-56%).