Experts predict that Ukrainian soybean meal exports will decrease by 40%in the 2020-2021 market
By: Date: 2021-02-04 Categories: Internationalfood Tags: ,

   Ukraine’s latifundist website quoted ukragroconsult on February 1st. From September to December 2020, Ukraine’s soybean meal exports fell by 34.5%year-on-year. The main reason was the decrease in output and processing volume. . Experts predict that soybean meal exports in the 2020-2021 market will decrease by 40-42%year-on-year. Among them, the main importers EU countries will drop from 45%of the market share to 35%, Belarus will drop from 29%of the market share to 21%, while Georgia (+98%), Romania (+95%), Moldova (+28%) Imports increased, while imports from Turkey (-82%), Hungary (-52%) and Poland (-24%) decreased.