Optimistic and pessimistic scenario
In 2022/23, Ukraine will be able to export from 20 million tons to 40 million tons of grain, depending on the success of negotiations regarding the grain corridor.
Thus, according to the optimistic scenario, i.e. under the further functioning of the grain corridor in 2022/23, the export potential of grains is estimated at 40.3 million tons (-23% to 2021/22 MR). Incl. wheat — 13.8 million tons (-27 %), barley — 2.4 million tons (-58%) and corn — 24.0 million tons (-11%).
Under the pessimistic scenario, shipments of Ukrainian grain to the foreign market may amount to only 24.3 million tons (-53%). Incl. wheat — 8.1 million tons (-57%), barley — 2.0 million tons (-65%), and corn — 14.1 million tons (-48%).
Grain Corridor doesn’t have a complete alternative
As noted, in the period from July to October 2022, 13.2 million tons of grain were shipped from Ukraine to the foreign market, which is 33% less than the volume exported for the same period in 2021 (19.6 million tons). Thus, the export of corn amounted to 7.1 million tons (three times more than the same indicator in 2021), wheat — almost 5 million tons (-60%) and barley — 1.1 million tons (-76%).
As of November 17, 2022, 11.1 million tons of agricultural products from Ukraine were shipped to the world market through the grain corridor, of which 42% – corn, 30% – wheat, and almost 4% – barley.
In general, more than 60% of Ukrainian grain exports are carried out through the grain corridor.
Import/Export Statistics
Please click to reach our marketplace
The following reports may be of interest to you:
Related posts:
Ukrainian “Grain Corridor” is Alive 
Uncertainty with Ukrainian “Grain Corridor” – Russia Returned to Grain Agreement 
Ukraine Has Exported More Than 36 Million Tons of Grain 
India: Autumn crops Production Estimate – 150.50 MT Till date, total of 8,702 projects have been sanctioned 
In the first half of the season Ukraine exported more than 31.5 million tons of grains 
India: Rice, wheat lead 23% increase in agri exports in H1 
Record global cereals production, trade likely despite setbacks FAO report says inventories may be lower on higher utilisation 
Why India’s wheat export likely to Increase