Exports of honey from Ukraine decreased significantly

Published Dec 28, 2021

Tridge summary

Valery Kureiko, co-owner of TM 'Noble Honey', predicts that Ukrainian honey exports may have seen a slight increase in 2021, reaching around 50,000 tons, which is approximately 60% of the previous year's volume. Despite factors such as reduced medical fees in Europe, the pandemic, and increased demand for natural honey, the actual exports have not met expectations. The domestic market has become increasingly important for honey producers, leading to a situation where domestic consumption has surpassed exports. Additionally, the article provides an overview of the honey export and import figures for Ukraine from January to October 2021, including major destination countries and the quantities imported. It also mentions the exports and imports of live bees.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was reported by the press service of TM "Noble Honey". "According to the results of 2021, exports could reach about 50 thousand tons, which is slightly more than 60% of the previous year," - predicts Valery Kureiko, beekeeper, co-owner of TM "Noble Honey". According to him, the reduction of medical fees in many European countries, the continuation of the pandemic and increased demand for natural honey should have led to increased exports, but in practice this has not happened. Despite the increase in the value of exported honey (from $ 1.8 in 2019 to $ 2.37 in 2021), the domestic market has become a priority for beekeepers who are direct producers of honey. "One of the main reasons for the decline in exports in 2021 is rising prices and increasing demand in the domestic market of Ukraine. In this situation, many beekeepers began to sell honey to domestic consumers. As a result, domestic consumption of honey has increased and exceeded exports, "- said Kureiko. Thus, in ...

Source: Agravery