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Ukraine to increase the capacities of elevators by 10 mln tonnes for the following decade — expert

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In Ukraine, there is a good trend to increase the production of grains and oilseeds — up nearly 27% for every five years. As a result, in 2019 the general harvest volumes already reached 98.3 mln tonnes, declared the Head of Business project unit at APK-Inform Agency, Andriy Kupchenko, within frames of the online conference “Development of the elevator industry in crisis terms”.

Taking into account the current trends and impact of the key factors, the expert forecasted the production volumes of grains and oilseeds in Ukraine by 2030, at the level of 120 mln tonnes.

In terms of the existing parity between the grain storage capacities and the production volumes in the country, the reporting upward trend requires the same increasing of the general capacities of the storage system by 10 mln tonnes for the following decade, A.Kupchenko said.

According to A.Kupchenko, in addition to construction of new elevators, it is important to focus on the technological optimization of granaries, in accordance with both needs of the market and the weather risks that develop with increasing frequency.

https://www.apk-inform.com

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