Monday, December 2
One alternative way to export Ukrainian grain through Lithuania fell through.
Friday, July 28, 2023
The export of Ukrainian grain through the Lithuanian port of Klaipeda is still unprofitable, forcing sellers to stop transporting it due to high transportation costs.
The price of agricultural products at the time when it was profitable to transport through this channel was very high, with grain costing €350-€400 per ton FOB, now the price is €200-€250. These lower prices mean sellers and producers cannot afford to spend significant amounts on transportation.
It is not profitable for them, said the CEO of Klaipeda stevedoring company BEGA Laimonas Rimkus. According to him, a substantial part of the exported Ukrainian grain will travel through the expanding Danube terminals, so there is little hope that agricultural products will be transported through Klaipėda again.
