Black Sea grain flow // week 50

Brief summary:

- The total volume of grain departed from Azov-Black Sea ports has increased to 2.4 million tons (+30% over the week), returning to peak weekly levels;

- All major exporting countries - particularly Bulgaria and Romania - have shown an increase in seaborne grain supplies this week;

- The volume of grains at sea has grown from 8.47 to 8.68 million tons, while the number of laden vessels at sea has risen from 300 to 308 units (however, with fewer Handy and Panamax carriers);

- Egypt has regained leadership in the list of most popular destinations for grains at sea, with Iran and Turkiye being runner-ups;

- Discharged volumes have increased by 6.2% over the week, exceeding 2 million tons;

- Meanwhile, the number of discharged vessels has dropped from 116 to 106 units, with main downturn recorded in the coaster sector;

- Turkiye, Tunisia, Spain and Bangladesh have seen the most significant increase in imported (discharged) volumes this week.