Trade4go Summary
Ukraine is at risk of losing its export markets for buckwheat, according to Serhiy Gromovy, the executive director of the International Buckwheat Association. The country exported around 20-30 thousand tons of buckwheat abroad last year, but before the war, its potential was 100,000 tons of groats. The restoration of these markets has been difficult due to Russia's dominance of the European buckwheat market. Despite challenges, Ukraine began to restore its exports in 2023-2024, but maintaining this has been difficult due to an imbalance. However, Gromovy believes that there is enough transitional balance to last this year.
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Original content
This year, Ukraine may lose its export markets, which were somewhat restored last year: approximately 20-30 thousand tons of buckwheat were exported abroad. This was announced by the executive director of the International Buckwheat Association Serhiy Gromovy, reports AgroPortal. "This year, we may lose export markets, which were not easy to restore, because, let me remind you that before the war, Russia aggressively won back the European buckwheat market and our domestic market. Because of this, we were import-dependent and lost exports, although our potential before the war was 100,000 tons of groats," noted Serhiy Gromovy. Read also: This summer, heat and drought negatively affected the ...