Ukrainian flour exports will grow annually by 30-35%, the Chairman of the Board of Directors the agricultural holding KSG Agro Sergiy Kasianov said.
According to him, high demand for wheat flour from foreign buyers forms the growth of the export volumes. Milling enterprises of KSG Agro do not have any alternative to find access to export markets, as the domestic consumption of flour continues to reduce gradually. In fact, the exports of flour helps the industry to survive, said Kasianov.
To date, the share of China in the geography of Ukrainian flour exports totals nearly 50%, and the index will grow in future. Kasianov noted that Israel, Africa and the Middle East would also increase the consumption of Ukrainian flour. At the same time, he stressed that the EU and China were the highest priority markets for Ukrainian exporters.
KSG Agro has managed to successfully develop flour exports. The company exports the products under trademark Pererobnyk to Chinese partners. The company plans to increase flour exports, Kasianov added. (APK-Inform/Business World Magazine)