Ukraine: Review of the situation on the egg market with high prices and declining production and exports

Published 2021년 11월 25일

Tridge summary

The article highlights a significant increase in the price of chicken eggs in Ukraine, with a 1.1% rise in October alone and a 32.4% increase compared to the same month the previous year. This surge in prices is primarily due to higher costs in feed and energy, leading to a decrease in egg production and a shift in the market dynamics. The largest egg producers in the country, Vanguard, Ovostar, and Inter-business, have seen changes in their market shares. Additionally, egg exports have seen a decline, with the United Arab Emirates, Latvia, and Israel being the main importers. The price fluctuation throughout the year is influenced by domestic consumption patterns and the volume of production, with the highest prices observed in winter and the lowest in summer.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As we have recently noted, the prices of most food products that are socially significant have risen and there is a further trend towards higher prices for some products. Chicken eggs are no exception. In October, the average price of a dozen eggs in Ukraine was UAH 30 30 kopecks. Compared to the previous month, the price increased slightly - by 1.1%. According to the State Statistics Service, the largest increase in prices occurred in August and October, when prices increased compared to previous months - by 18% and 13.6%, respectively. Compared to last year, chicken eggs in October 2021 cost 32.4% more than in October 2020. The biggest problems faced by producers in this industry are the increase in feed and energy prices. Thus, grain prices increased by 40% compared to the same period last year, in particular for corn - by 50%, for wheat - by 30%. Poultry houses for the production of eggs and broilers in Ukraine are traditionally heated by gas. Also, these poultry houses need ...
Source: Agroconf

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