Astarta : exported 780kt of agricultural products in 2022/2023MR
July 24, 2023 at 02:36 am
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In the 2022/23 marketing year, Astarta exported 780kt of agricultural products despite limited logistics capabilities. The company's export geography covers more than 40 countries.
Despite russia's constant blocking of sea trade routes and other export restrictions, Astarta managed to supply more than 550kt of grains and oilseeds to global markets, including 174kt of wheat and 379kt of corn. Italy, Spain, Indonesia and Kenya were primary wheat consumers, while China, Portugal and Spain - top corn importers.
EU countries were main destination for soybean-processed products. Having exported 37kt of soybean oil and 112kt of soybean meal, the company is currently ranked the second and first among Ukrainian exporters of these products.
Astarta also supplied 50kt of sugar to European markets, retaining its leading position among Ukrainian exporters.
- Thanks to our well-built reputation, transparency and sustainability, we were ready to integrate into European markets with our mainstream and niche products. By the way, niche products, mainly organic flax and mustard, were one of the discoveries of the last season. Their presence in the product portfolio allowed us to work with large and regional European Union players. Astarta plans to continue deepening trade relations with key European partners and develop its product line under own brand," said Vyacheslav Chuk, Astarta's Commercial Director.
Astarta Holding NV published this content on 24 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 July 2023 06:35:07 UTC.
Astarta Holding PLC is a Cyprus-based agriculture company, that specializes in sugar production, grain and oilseeds growing, soybean processing and cattle farming. The farmlands, sugar plants and cattle operations are mainly located in Ukraine. The Company's activities are divided into four main segments: Sugar Production, Agriculture, Soybean Processing, and Cattle Farming. Its Sugar Production segment is engaged in the production and wholesale of white and raw sugar and its by-products. The Agriculture segment is responsible for the cultivation and sale of crops, such as corn, wheat, sunseeds, rapeseeds, and others. The Soybean Processing segment is engaged in soybean and soybean meal and oil production and sale. The Cattle Farming Segment is engaged in dairy cattle raising and milk production and sale. Other Group operations mainly comprise the production and sales of fodder and gas.
ASTARTA HOLDING PLC 