Business news from Ukraine

Business news from Ukraine

Ukraine in 2022 became ninth largest wheat producer in the world

27 December , 2022  

Ukraine at the end of 2022 became the ninth largest producer of wheat with the indicator of 20.5 million tons, which is a third lower than last year’s figures due to the full-scale military aggression unleashed by Russia.

As reported on the site Finance.yahoo, Ukraine this season is ahead of China (138 million tons), the EU (134.7 million tons), India (103 million tons), Russia (91 million tons), the United States (44.9 million tons), Canada (35 million tons), Australia (33 million tons) and Pakistan (26.4 million tons) in wheat production.

In turn, Ukraine produced more wheat than Argentina (17.5m t), Turkey (17.25m t), Britain (14.6m t), Iran (13.2m t), Kazakhstan (13m t), Egypt (9.8m t), Brazil (9.2m t) and Uzbekistan (6.6m t).

According to the publication, the total area of wheat planted in 2022 exceeded 220 million hectares worldwide. Wheat is produced by both developed and developing countries. Developed regions account for 50% of the world’s wheat production, and the total area sown is 53%. About 70% of the wheat produced in the world is used as food, 20% – for livestock, and 2-3% – in industry.

As reported, Ukraine in 2021 harvested a record crop of cereals, legumes and oilseeds in the amount of 106 million tons: cereals and legumes – 84 million UAH, and oilseeds – 22.6 million tons.

A total of 32.4 million tons of wheat, 40 million tons of corn, 10 million tons of barley, 581.5 thousand tons of peas, 191 thousand tons of millet and 110 tons of buckwheat were harvested last year. Sunflower harvest amounted to 16.3 million tons, soybeans – 3.4 million tons and rapeseed – 2.9 million tons.