The cheaper European pork poured into Ukraine

Published 2021년 11월 8일

Tridge summary

In October, Ukraine imported over 6,000 tons of pork, which is 24% higher than the previous record in August 2021, according to the Association of Pig Breeders of Ukraine. This increase is attributed to falling pork prices in EU countries due to decreased domestic market demand and limited trade with China, making EU pork more competitive. As a result, the custom value of imported pork dropped from $2.00 to $1.74 per kilogram. The main suppliers were Denmark, Poland, and the Netherlands, with Belgium also contributing 10% of pork receipts. The import composition shifted, with a decrease in chilled, boneless pork and frozen hams, and an increase in chilled half carcasses, hams, and shoulder blades.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukraine imported more than 6 thousand tons in October, which is almost a quarter higher than the previous import maximum recorded in August 2021 (4.9 thousand tons). This is stated in the message of the Association of Pig Breeders of Ukraine. As noted, the decline in pork prices in the EU countries under the pressure of weaker purchasing activity in the domestic market and inactive trade with China ensured competitiveness of European pork even after the exhaustion of import quotas. So, if in August the weighted average customs value of a kilogram of imported pork was about $ 2, then in September it decreased to $ 1.82 / kg, and in October - to $ 1.74 / kg. “The customs value of most commodity categories during September-October decreased by 3-9 cents per kilogram. The overwhelming majority of imports cost domestic importers $ 1.5-1.77 / kg. Prices for more expensive items dropped more significantly. So, for example, in August the average estimated price of a kilogram of chilled ...

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