Over Past 20 Years, the Countries of the Black Sea Region Have Increased Their Share on Global Grain Export Market in Almost Three Times
Over past 20 years, the share of the Black Sea region (Kazakhstan, Russia and Ukraine) in the global grain export market has almost tripled - from 5.6 to 15.3%. This is according to U.S. Department of Agriculture (USDA).
Over past 20 years, the share of the Black Sea region (Kazakhstan, Russia and Ukraine) in the global grain export market has almost tripled - from 5.6 to 15.3%. This is according to U.S. Department of Agriculture (USDA).
Similar changes in market structure have also occurred in the global markets of individual crops - wheat, barley and corn. In expert’s opinion, especially significantly increased the total share of Kazakhstan, Russia and Ukraine on the wheat market- 17.9% in 1990/91 to 17.7% in 2012/13, i.e., more than 2 times. Nevertheless, a season earlier, in 2011/12, their total share has reached 24.7%, i.e. that is increased more than three times compared to the 1990/91 season.
Kazakhstan, Russian and Ukrainian market shares of barley and corn on world’ market increased from 11.9% to 21.9% and from 1.3 to 17.4%, respectively; that is, almost 2 times the world’ market of barley and more than 13 times in the corn market.