Ukraine will exhaust pork import quotas in September

Published 2021년 8월 6일

Tridge summary

From January to July 2021, Ukraine imported 16.4 thousand tons of pork, with 3.7 thousand tons being imported in July alone. The imports in the June-July period slightly surpassed the same period last year, mainly from EU countries like Denmark, Poland, and the Netherlands. Over 60% of the imported products were chilled, frozen hams, and frozen boneless pork. The quota for pork supplies from the EU is likely to be exhausted by September, leading to a 10%-12% increase in the cost per kilogram. The new law increasing the VAT rate for some agricultural products has had a negative impact on the live bait market.

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Original content

Ukraine during January-July 2021 imported 16.4 thousand tons of pork, of which 3.7 thousand tons - in July. This was reported by the press service of the Ukrainian Pig Breeders Association (ACS). Analysts note that the supplies of imported pig meat in June-July slightly exceed the supply volumes of the same period last year: 6.04 thousand tons against 5.86 thousand tons.More than 60% of the imported products are represented by chilled leading edge, frozen hams and frozen boneless pork. It is noted that the last two months, pork was imported exclusively from EU countries (mainly from Denmark, Poland, the Netherlands). There are still 4.6 thousand tons of pork left under the quota. “Taking into account the dynamics of imports, the quotas for pork supplies from the EU will probably be exhausted in September, after which each imported kilogram will cost 10% -12% more due to the payment of the duty,” analysts ...

Source: Kvedomosti