Ukraine tripled pork imports

Published 2024년 6월 7일

Tridge summary

In the first five months of the year, Ukraine's import of chilled and frozen pork meat from the USA has significantly decreased by about three times, totaling 1.4 thousand tons worth $3.7 million, as reported by the "Swine Farmers of Ukraine" Association. This decrease is attributed to lower domestic pork market prices, making imported pork less economically attractive. Despite this, the domestic pork market has been able to meet the demands of the meat processing industry, indicating a focus on domestic suppliers. Import activity remains low, with Canada becoming the main supplier in the past two months. Meanwhile, Ukraine's pork exports, mainly to the UAE, have amounted to 940.3 thousand tons, earning $2.35 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In five months of the current year, 1.4 thousand tons of chilled and frozen pork meat worth 3.7 million dollars were brought to Ukraine from abroad. USA. This is almost three times less than the receipt of the corresponding meat raw material for the same period last year. This is reported by analysts of the "Swine Farmers of Ukraine" Association. It is noted that domestic prices on the pork market, significantly lower than last year, created a natural economic barrier to the arrival of imported pork. Thus, although pork prices in the EU countries for January–May were 5-6% lower than in the first five months of 2023, the two-digit decrease in purchase prices for carcasses in Ukraine against the background of other economic and geopolitical challenges does not contribute to activation supplies from the Commonwealth of Nations. "On the other hand, in the last two months, the "baton" was taken over by Canada, whose specific weight in the geographical structure of the arrival of ...
Source: Agrobusiness

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.