15 January, 2019

Ukraine: Ukraine reduces barley exports in first half of marketing year 2018/19

Ukraine exported 3.13 mln tonnes of barley in the first half of MY 2018/19, or 18% less than in the same period last season (3.81 mln tonnes). Moreover, this is the smallest volume in five years, reports UkrAgroConsult.

As a reminder, as the country's barley crop has fallen to a six-year low, UkrAgroConsult forecasts its 2018/19 exports down 14%.

As before, the key destination for Ukrainian barley exports is Saudi Arabia. Despite the overall drop in exports, shipments to this country were up 28% year-on-year at 2.16 mln tonnes.

Exporters managed to boost shipments to Japan to 120 thousand tonnes compared with 34 thousand in the whole of MY 2017/18. China, though remaining a major buyer of Ukrainian barley, has reduced purchases almost by half this season, to 380 thousand tonnes against 789 thousand in MY 2017/18.

According to UkrAgroConsult’s estimates, Ukraine’s barley export potential has already been 85% realized.

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