Hungary will not renew the ban on the import of honey from Ukraine

Published Mar 27, 2024

Tridge summary

The Hungarian government has opted not to renew its ban on honey imports from Ukraine, a decision driven by the ban's failure to boost local honey prices and its adverse effects on exporters dependent on Ukrainian honey for fulfilling EU contracts. This move is part of broader agricultural and trade dynamics within the EU, including debates over grain imports from Russia and Belarus, increased transport costs, and logistical challenges affecting Polish and Ukrainian agriculture. The situation is further complicated by the significant influx of Russian grain into the EU, raising concerns among Lithuanian grain producers about market impacts.

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

Original content

Although beekeepers in Hungary insist on restoring the ban on the import of honey from Ukraine due to lower prices, the government is not going to restore this ban. According to a Reuters report, the Hungarian government is not going to renew the ban on honey imports from Ukraine, which was introduced last year, despite the protests of beekeepers. István Nagy, Minister of Agriculture, explained that the import ban did not increase honey prices on the local market, but harmed companies that exported it to the EU. According to him, honey exporters need Ukrainian honey to fulfill their contractual obligations. According to the data of the European Commission, the majority of honey imports into the EU are carried out from China and Ukraine, with Ukrainian honey accounting for 25% of this volume. Beekeepers in Hungary claim that current honey prices do not cover their costs. As a reminder, most agricultural products from Ukraine are exported by sea, bypassing Poland, but there are ...

Source: Landlord