In 10 months, Ukraine spent $93 million on pork imports

In 10 months of 2022, Ukraine imported 45.1 thousand tons of pork, which is 41.4% more than in the same period last year. This is evidenced by the data of the State Customs Service. In monetary terms, imports for January-October 2022 increased by 58% compared to the same period in 2021 - up to $93 million. In particular, in October volumes increased 1.5 times compared to September - 4.38 thousand tons for $9.7 million. "The activation of importers has become a typical situation over the past few years and played the role of an additional price regulator during the period of seasonal weakening of trade activity." - noted in the "Swine Farmers of Ukraine" association. The average price of imported pork in October was $2.2/kg, which is 6.2% more expensive than a month earlier. That is, high domestic prices for pork at the beginning of October made imports economically justified even in the absence of customs/tariff preferences. ...