A high-resolution, cinematic aerial view of a modern Black Sea grain export terminal at golden hour, featuring a large Panamax bulk carrier docked alongside concrete silos being loaded with golden soybeans via industrial conveyor systems

Ukrainian Soybean Exports Surge 15% in 2025

  • Export Scale: Astarta shipped over 870,000 tons of agricultural products to 48 countries in 2025, underscoring resilient Black Sea export activity.
  • Soybean Growth: Soybean exports rose 15% year-on-year, driven by strong demand from Central European markets for oil and meal.
  • Diversified Routes: Corn, wheat, and sugar flows were spread across European, Asian, and MENA destinations, reducing reliance on any single route.
  • Freight Outlook: Overall impact is neutral to slightly bullish for Black Sea freight demand, supported by both short-haul and long-haul trade lanes.

Astarta Export Performance in 2025

Ukrainian agricultural holding Astarta reported exports of over 870,000 tons of agricultural products to 48 countries in 2025, highlighting the company’s strong presence in global grain and oilseed markets despite ongoing logistical constraints in the Black Sea region.

Soybean oil and meal shipments were concentrated in Central Europe, with Hungary, Poland, Romania, and Austria serving as core destination markets. Overall soybean exports increased 15% versus 2024, reflecting firm European demand for Ukrainian oilseeds and processing products.

Corn cargoes were directed mainly to Turkey, Italy, the Netherlands, Spain, and the United Kingdom, while wheat flows targeted longer-haul importers such as Indonesia, Saudi Arabia, Spain, and Vietnam. Sugar exports reached 25 countries, with particular focus on buyers in the MENA region and within Europe.

Export Volumes by Commodity and Destination Focus

Commodity 2025 Export Volume YoY Change Key Destination Focus
Total Agricultural Products 870,000+ tons n/a 48 countries across Europe, Asia, and MENA
Soybeans (oil & meal) n/a +15% vs 2024 Central Europe (Hungary, Poland, Romania, Austria)
Corn n/a n/a Turkey, Italy, Netherlands, Spain, United Kingdom
Wheat n/a n/a Indonesia, Saudi Arabia, Spain, Vietnam
Sugar n/a n/a 25 countries, with focus on MENA and Europe

Market Impact and Freight Implications

The broad geographic spread of Astarta’s shipments underlines sustained demand for Black Sea-origin grains and oilseeds. The 15% rise in soybean exports, in particular, supports ongoing short-haul freight flows into Central Europe, where processors continue to rely on Ukrainian supply.

For wheat, the mix of Southeast Asian and Middle Eastern destinations signals that Black Sea pricing remains competitive on long-haul routes to major importers like Indonesia and Saudi Arabia. This diversification across both nearby and distant markets helps stabilize freight demand even when individual corridors are disrupted by logistical or geopolitical risks.

Overall, the data point to a neutral to slightly bullish outlook for Black Sea freight: volumes remain robust, routes are diversified, and demand for Ukrainian oilseeds and grains is sufficiently broad-based to support continued vessel employment across multiple regions.

Source: Market Data


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