In 2015/2016 Ukraine exported 31.58 KMT of cornstarch, up by 35% YoY (23.45 KMT).
Indonesia was the key importer, purchasing nearly 200% more Ukrainian cornstarch in 2015/2016 MY YoY. In 2015/2016 Ukrainian exporters shipped about 18 KMT to this country, or 57% of the total cornstarch exports. Share of Russia (largest importer in 2014/2015) decreased to 29% totaling 9.17 KMT (-27%). There were no considerable changes on the other export markets. Persistent demand is seen from EU and CIS countries.
Increase in export shipments was preconditioned by higher cornstarch production in Ukraine. Since the beginning of 2016 Ukraine produced about 46.4 KMT of cornstarch, up by 16.5% YoY (about 39.8 KMT in January-September 2015). (UkrAgroConsult/Business World Magazine)