In 2017, Ukraine continued the tendency of flour production reducing

In 2017, Ukraine continued the tendency of flour production reducing

In 2017, Ukraine continued the tendency of flour production reducing

The FINANCIAL -- In 2017, the current downward trend of flour production in Ukraine, which started dominating in several recent years, continued developing.

For 12 months of 2017, Ukraine produced nearly 1.937 mln tonnes of wheat flour, a decrease of 11.4 thsd tonnes compared with 2016, when the production totaled 1.949 mln tonnes, down 230.4 thsd tonnes compared with 2015 (2.168 mln tonnes), reported the Director of production operations department at Agrarian Fund PJSC, Sergei Sakirkin, according to APK-Inform.

Also, Ukraine still kept the tendency of reduction of a number of enterprises, which processed grain crops last year. Taking into account the production of minimum flour volumes (from 1 tonne), in 2017 the number of companies-producers totaled 359. The number of companies, which officially produced more than 1 thsd tonnes of flour in the reporting year, totaled 141. The number of companies, which produced 12 thsd tonnes of flour or more, i.e. not less than 1 thsd tonnes per month, totaled 39 only, said the expert.

S.Sakirkin said that the TOP-10 of largest companies provided 44.3% of the general volume of flour production in Ukraine in 2017. At the same time, the share of the TOP-10 increased by nearly 5% compared with the figure in 2016. In particular, Chmielnicki Mlyn increased its figures in 2 times compared with the results of 2016, and Vinnytsia bread factory #2 – up almost 2 times.