Corn In 2024: Market Dynamics, Exports From Ukraine, Key Importing Countries, Prices And Logistics
The dynamics of prices in 2024 the price of soybean meal depends on the world prices for soybeans, demand from feed producers and logistics situation. Competitive prices compared to products from the US and South America 3. Due to the restrictions on the work of Ukrainian ports, exporters actively use alternative routes: - departure through Romanian ports of Constanta and Galats - the use of railways to Poland, Hungary and Slovakia - an increase in auto transportation to EU countriesUkrainian manufacturers and traders are actively expanding logistics to provide uninterrupted exports.
In 2024, Ukraine continues to increase the export of soybean meal, despite the challenges in the field of logistics and competition in the world market. In addition to Europe, the demand for a Ukrainian rapeseed in China is increasing, where it is used for compound feed, as well as in Turkey and the Middle East. Competition with Argentina and Brazil remains high. The average price for the Ukrainian soybean meal in 2024 is expected to be as follows: - Europe: 450-500 USD per tonne (growth by 5% compared to 2023) - Asia: 470-520 USD per ton (depending on delivery conditions)- Middle East and agricultural business in Ukraine Africa: $ 460-510 per tonne rise in prices is due to increased demand and difficulties with logistics.
Railway routes to EU countries, including Poland, Germany, and the Netherlands. Important factors for export are product quality, competitive prices and fast delivery. Improvement of logistics and development of new export routes. Chief Importers of the Ukrainian Rhais SchrootEurope remains the main market for the Ukrainian rapeseed meal, as EU countries are actively using this product to produce livestock feed. The main channels of transportation include: 1. Road transportation to neighboring countries such as Romania, Hungary and Slovakia.
The role of rail transportation to Europe is also growing, which allows to provide stable exports, even in the face of possible restrictions in marine logistics. The favorable location of Ukraine for export to Europe and Asia. One of the key solutions is the use of Romanian and Polish ports to ship large rapeseed parties. Soy meal is one of the key products of Ukrainian agrarian exports, which is widely used in animal husbandry and feed industry. Exports of soybean from Ukraine are exported that in 2024, exports of soybean meal from Ukraine will exceed 2.5 million tons.
The Ukrainian Rhang Mean remains competitive due to the following factors: 1. The prospects for the development of the agricultural sector of Ukrainian exports of rapeseed meal are expected that in 2024 exports of rapeseed meal from Ukraine will remain at a high level. In 2024, the average prices for the Ukrainian Rhais Schrok range from $ 250-320 per tonne, which makes it attractive to importers. Increasing compound feed consumption in the world 2. Logistics challenges and alternative export routes in view of the geopolitical situation, Ukrainian exporters are actively looking for new routes for deliveries.
In 2024, Ukraine continues to increase the export of soybean meal, despite the challenges in the field of logistics and competition in the world market. In addition to Europe, the demand for a Ukrainian rapeseed in China is increasing, where it is used for compound feed, as well as in Turkey and the Middle East. Competition with Argentina and Brazil remains high. The average price for the Ukrainian soybean meal in 2024 is expected to be as follows: - Europe: 450-500 USD per tonne (growth by 5% compared to 2023) - Asia: 470-520 USD per ton (depending on delivery conditions)- Middle East and agricultural business in Ukraine Africa: $ 460-510 per tonne rise in prices is due to increased demand and difficulties with logistics.
Railway routes to EU countries, including Poland, Germany, and the Netherlands. Important factors for export are product quality, competitive prices and fast delivery. Improvement of logistics and development of new export routes. Chief Importers of the Ukrainian Rhais SchrootEurope remains the main market for the Ukrainian rapeseed meal, as EU countries are actively using this product to produce livestock feed. The main channels of transportation include: 1. Road transportation to neighboring countries such as Romania, Hungary and Slovakia.
The role of rail transportation to Europe is also growing, which allows to provide stable exports, even in the face of possible restrictions in marine logistics. The favorable location of Ukraine for export to Europe and Asia. One of the key solutions is the use of Romanian and Polish ports to ship large rapeseed parties. Soy meal is one of the key products of Ukrainian agrarian exports, which is widely used in animal husbandry and feed industry. Exports of soybean from Ukraine are exported that in 2024, exports of soybean meal from Ukraine will exceed 2.5 million tons.
The Ukrainian Rhang Mean remains competitive due to the following factors: 1. The prospects for the development of the agricultural sector of Ukrainian exports of rapeseed meal are expected that in 2024 exports of rapeseed meal from Ukraine will remain at a high level. In 2024, the average prices for the Ukrainian Rhais Schrok range from $ 250-320 per tonne, which makes it attractive to importers. Increasing compound feed consumption in the world 2. Logistics challenges and alternative export routes in view of the geopolitical situation, Ukrainian exporters are actively looking for new routes for deliveries.
