The FINANCIAL — According to APK Inform estimations, in 2015 Ukraine will face some decreasing of rapeseed production volumes compared with the previous year – down 21%, to 1.7 mln tonnes. Reduction of the planted areas under winter and spring rapeseed, and high share of winter rapeseed losses – nearly 25%, became the major reasons for lowering of the harvest volumes, said Anna Burka, oilseed market analyst of APK-Inform Agency.
Taking into account reduction of rapeseed supply on the market, the export potential of the Ukrainian oilseed in 2015/16 MY is estimated at the level of 1.5 mln tonnes, down 24% compared with the previous season.
It should be noted that during the first month of the 2015/16 MY, Ukraine supplied 89.7 thsd tonnes of the Ukrainian oilseed on foreign markets, against 300.5 thsd tonnes in July 2014, and 215.4 thsd tonnes in July 2013.
In the new season, the EU countries: France (47% of the exported volumes), the Netherlands (18%), Poland and Belgium (8% each), became the main buyers of rapeseed from Ukraine.