Countries of the Black Sea region increased their share on the world export grain market threefold over the past 20 years
The share of the Black Sea region (Kazakhstan, Russia and Ukraine) on the global grain export market has tripled - from 5.6 to 15.3%. This is announced in the U.S. Department of Agriculture (USDA).
Similar changes in market structure have also occurred in the global markets of wheat, barley and maize individually. According to experts, above all, significant increase was detected in the total share of Kazakhstan, Russia and Ukraine on the wheat market - from 7.9% in 1990/91 marketing year (MY) to 17.7% in 2012/13 MY, i.e. more than 2 times. A season before, in 2011/12 MY the total share reached 24.7%, i.e. increased more than three times compared to the 1990/91 MY.
On the world markets of barley and maize the share of Kazakhstan, Russia and Ukraine increased respectively from 11.9 to 21.9% and from 1.3 to 17.4%, i.e. almost 2 times on the world market of barley and more than 13 times on the corn market.
Adapted from: SE "Odessa Sea Commercial Port»