Ukraine loses the share of wheat market in Asia and Africa - it is replaced by Russia

Ukraine is gradually losing key positions in the wheat markets in North Africa and Asia, liberating a seat for Russian grain. According to Latifundist , the trend has become noticeable against the background of reorientation of Ukrainian exports to European countries.

According to the interlocutors with Promising International Trading CO , Ukraine has lost about 70% of the market of Egypt - one of the most important wheat importers. At the same time, in Tunisia, 75% of imports are Russian wheat, and part is French. Ukrainian products are presented there.

A similar situation is observed in Sudan, Ethiopia, as well as in countries such as Kenya and Nigeria, where the demand of wheat with high protein content (12.5%). Domestic wheat, as a rule, does not meet these criteria.

In the Asian markets - in particular, in Bangladesh and Indonesia - Ukrainian traders also face difficulties. There is an active displacement of competitors by Russia, which offers more flexible conditions of supply and lower prices.

In parallel, Ukraine faces new challenges in the European direction. Due to EU restrictions, traders have to rebuild logistics. Previously, it was possible to form united small batches of grain, now you will have to focus on large volumes, which increases the entry barrier for smaller companies.

Thus, Ukrainian exporters found themselves in competition not only for markets, but also for the ability to supply grain in new logistics realities. Experts emphasize the need to revise the strategy of presence in traditional markets and adapt to changes in global grain trade.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

PrivatBank advises reissuing cards for secure payments

To avoid disruptions during contactless and online payments, PrivatBank...

Time to upgrade your home network: when to buy a new router

The modern Internet has already become an integral part of everyday life. For...

Archaeologists unearth decorative tiles and dishes in Ivano-Frankivsk region

During the last expedition to the Galician Castle in Ivano-Frankivsk region...

Military safety under threat due to corruption schemes of supplier Ukrainian Armored Vehicles

Ukrainian Armored Vehicles LLC, one of the key suppliers of armored vehicles and...

Ukrainian football player Ilya Zabarny became the owner of a luxury Bentley

Ilya Zabarny drives a luxurious Bentley Bentayga: a car of the Ukrainian...

Kyiv residents are advised to prepare summer cottages with stoves in case of a cold winter

For residents of Kyiv who have summer cottages or houses with a stove...

Butterfly "Iryna's Azure": American scientist immortalizes the name of a Ukrainian refugee

In the United States of America, a new species of butterfly has been named...

Third day without water: Lviv suffers from repeated water supply accidents

Near Lviv, a new breakthrough occurred in the main water supply near...