Ukrainian wheat exports have slowed this month: from November 1 to 24, 968,000 tons were shipped.
According to ASAP Agri analysts, at this pace, November is unlikely to match nearly 1.5 million tons exported in October and could fall below 1.3 million tons shipped in November 2024.
Indonesia became the leading destination this month, with shipments reaching 259,000 tons, already surpassing October’s 201,000 tons.
Algeria ranks second, although volumes fell to 183,000 tons compared to 296,000 tons in the previous month.
Egypt dropped to third place, with shipments sharply declining to 134,000 tons in November versus 438,000 tons in October, when it was the market leader. The slowdown is largely due to a wave of payment delays in October, which reduced Egypt’s demand for November shipments.
