In 2020, KSG Agro increased its agricultural exports volume by 46%

As at the end of 2020, KSG Agro agricultural holding increased its export volume by 46%, to some 7.8 thousand tons of agricultural products. This news was reported by the press service of the company. As at the end of 2020, KSG Agro shipped 7,772 tons of grain and food products to foreign buyers in Africa and Asia, while in 2019 the total export volume did not exceed 5.3 thousand tons. Last year, the agricultural holding delivered 3 thousand tons of wheat flour and 172 tons of sugar to Libya, 600 tons of barley to Oman and 4 thousand tons of corn to Malaysia. The goods were delivered under CFR, CIF Incoterms, in containers. At the same time, the volume of flour exports increased in 2020 compared to 2019 by 3.6 times – from 800 to 3 thousand tons. Deliveries were made to Libya. The following companies became the main buyers of the holding’s products: Alfaras Food Industries and Bab Afriqiya (both – Misurata, Libya), Alwessam (Tripoli, Libya); Tripoli, Libya; Omani National Livestock Development, Dhofar Cattle Feed (both Salalah, Oman) and Hassad food (Doha, Qatar). “Following the results of last year, we expanded our presence in the export African and Asian markets. Under the conditions of the quarantine crisis, the issue of diversification and expansion of the range of supplied products is especially acute. That is why we have increased the number of export positions and entered into contracts with promising buying companies in the African-Asian markets, – comments Sergiy Kasianov, Chairman of the Board of Directors at KSG Agro, – It is especially important that our exports are growing thanks to products with high added value. In particular, we are talking about wheat flour, the supply of which in comparison with 2019 increased by almost 4 times”. DOSSIER KSG Agro is one of the leading agricultural holdings in Ukraine, a European innovative group of companies operating under the principle of vertical integration. The holding’s shares are listed on the Warsaw Stock Exchange. KSG Agro is a member of the European Business Association (EBA). The main activity of the company is land cultivation and production of agricultural crops, as well as the production of pork. Since September 2014, KSG Agro has been implementing a development strategy, according to which the company develops the most promising projects, primarily in pig breeding, as well as crop production.