"Due to the maritime blockade, Ukrainian flour producers have shifted their focus and increasingly export to European markets.
This market is promising, as in 2022, Ukraine entered the top 3 exporters of flour to EU countries, as reported by export.gov.ua in their market overview of the European Union flour market.
Based on this data, several important conclusions can be drawn:
- In 2018-2019, there was an increase in flour export volumes, reaching peak values in the last 5 years.
- However, in 2022, there was a sharp decline in exports, reaching the lowest values in the specified period.
- The amount of exported flour decreased from 93,469 thousand US dollars and 365 thousand tons in 2019 to 24,235 thousand US dollars and 76 thousand tons in 2022.
- In 2022, Ukrainian flour producers identified several key markets, including Poland, Romania, Croatia, Hungary, Slovakia, and the Republic of Moldova, among which Moldova took a leading position.
- Despite logistics challenges, Moldova has become one of the key countries crucial for the export of Ukrainian flour.
- Ukrainian flour has entered the top 10 export countries, including traditional markets such as the United Arab Emirates, Palestine, and Israel.
- In 2019, Ukraine exported flour amounting to $93.4 million and a volume of 365 thousand tons.
- However, in 2022, these figures dropped to $24.2 million and 76 thousand tons.
It is worth noting that with unwavering competitiveness and a dynamic approach to development, Ukrainian producers have every chance to restore and strengthen their position in this key market.
"You can find more detailed analytical data by following the link: https://export.gov.ua/industry/review/85