According to experts, in the world market from year to year there is a decrease in the transitional reserves of vegetable oil due to faster growth in consumption for production. This process is particularly rapid in China.
First, there are a huge number of buyers in China – the population is approaching the 1.5 billion mark. A significant share is the middle class – about 37%, or more than 500 million people. It is difficult to saturate such a market, but finding a niche and occupying it is quite real.
In January, UKROLIYA shipped 350 tonnes of organic high oleic unrefined sunflower oil to a leading agro-industrial group in China.
The prospects of mutual cooperation in the food industry of Ukraine with the PRC are great. The huge market, increasing level of welfare of the population and interest in foreign products guarantee success in the market.