Ukrainian market of feed barley is growing

Over last years Ukraine showed itself as a significant and reliable exporter of feed barley on the global market. Season-2015/16 was not an exception. Despite all difficulties such as lower production, reserved farmers selling and currency fluctuation, Ukrainian exporters managed to fulfil contract obligations and strengthened positions of Ukraine.

Place of Ukraine on global feed barley market

Despite lower production and export potential Ukraine strengthened its position on the global market of feed barley and moved to 3rd place in the rating of largest exporters (4th in 2014/15 MY). Ukraine exported 4.3 mln tonnes of the grain.

Export potential and destinations

Ukraine exported feed barley to more than 30 countries. Saudi Arabia is a traditional key destination, it imported 2.3 mln tonnes of Ukrainian feed barley.

Asia, Africa and Middle East increased import of Ukrainian feed barley in 2015/16 MY. Japan and Libya bought 177 thsd tonnes and 398 thsd tonnes of the grain in Jul-Aug 2015/16 MY, up 5 and 2 times correspondingly. Moreover, Ukraine started to supply barley to Oman, Morocco, RSA and Qatar. High interest of China to feed barley was a positive moment for Ukraine. China imported record 686 thsd tonnes of Ukrainian barley in Jul-Aug 2015/16 MY, up almost 3 times on year. Moreover, Ukraine opened such perspective markets as Spain and Greece.

However, Ukraine lost such large market as Turkey that significantly reduced barley imports this season due to higher domestic production. Turkey imported only 5.5 thsd tonnes of barley against 394 thsd tonnes year ago.

UAC Information Center by information APK-Inform