It is time for Ukraine to join the export of beef to EU countries

Published 2022년 8월 25일

Tridge summary

Since the outbreak of the war in Ukraine, the country's cattle slaughtering and primary processing businesses have operated at reduced capacities, leading to a 22.3% decrease in slaughter weight of agricultural animals in the first seven months of 2022 compared to the previous year. This decline is attributed to restrictions on product sales, changes in export logistics, and reduced domestic demand. Despite these challenges, Ukraine has managed to export 5.34 thousand tons of beef in the first seven months of 2022, with plans to increase exports further following agreements with the European Commission and the expected opening of Ukrainian ports for grain.

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

Original content

According to Maksym Hopka, an analyst of UKAB, since the beginning of the war in Ukraine, enterprises engaged in slaughtering and primary processing of cattle have been operating at minimum capacity. The slaughter weight of agricultural animals (beef and veal production) during the first seven months of 2022 decreased by 22.3% compared to last year and amounted to 97.6 thousand tons. Meat processing complexes are unable to buy animals in pre-war volumes due to restrictions on product sales, changes in export logistics and a significant reduction in domestic demand. Beef production in Ukraine has been export-oriented in recent years. In 2021, 84.6% of logistics accounted for sea transport to countries such as China, Kazakhstan, Uzbekistan, Azerbaijan, Georgia. In connection with the closure of Ukrainian ports, logistics needed changes. As a result, new agreements were concluded with the European Commission in May, according to which the transit of beef through EU countries for ...

Source: Infoindustria