Black Sea grain flow towards Mediterranean & Continent // week 13

Brief summary:

- Volume of grain enroute (at sea) has been increasing for the 2nd consecutive week (+180,000 tons compared to the previous week);

- Almost 60% of Black Sea grain enroute is heading towards Egypt, Turkiye and Spain;

- The total volume of discharged grain has decreased to 1.6 million tons, which is the lowest weekly level during recent 2 months;

- Number of vessels that discharged grain and agri products in Mediterranean and North European countries has declined to 115, although the number of Handysize arrivals has inched up from 29 to 31;

- Turkiye has become the biggest importer of Black Sea grain, overcoming Egypt (433,000 tons vs. 330,000 tons).