During July, the supply of imported pork weakened in Ukraine
Other Frozen Pork Cuts
Ukraine
Published Aug 3, 2022
Tridge summary
During July, the import frenzy abated somewhat: the flow of pork from abroad decreased by 45% compared to June — from 9 to 4.9 thousand tons, respectively. Such results of the foreign trade in pork were announced in the analytical department of the "Swine Farmers of Ukraine" Association. Data from customs statistics show that in July, the arrival of chilled and frozen pork meat (UKT ZED 0203) from abroad amounted to 4.9 thousand tons, which cost domestic importers 10 million dollars. USA.
Original content
This is 45% less than the volume of pork imports a month earlier, and exactly twice in currency equivalent. Denmark, Poland, Belgium and Spain remain the main supplier countries. The key reason for the decrease in import activity in July was the return of the obligation to pay VAT for importers under the simplified taxation system. Thus, the price of a conventional kilogram of pork automatically increased by 20%. "Such an increase in prices prompted domestic traders to switch to the purchase of cheaper meat raw materials. So, if in June the weighted average customs value of a kilogram of imported pork was 2.21 dollars. US/kg, then in July this indicator decreased to 2.03 dollars. USA (-8%). Nevertheless, in the third decade of the month, imports became more expensive due to the revision of the official exchange rate of the hryvnia against the US dollar by 25%. This significantly increased the competitiveness of domestic products," the ASU notes. Analysts also warn about another ...
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