Last year, the volume of pork imports to Ukraine set a new anti-record

Published 2024년 2월 6일

Tridge summary

In 2023, Ukraine experienced a significant drop in pork imports, reaching a new low since 2018 with only 141.8 tons imported in January. This is due to an increase in domestic supply, making imports less economically viable. However, the country saw a record surge in the import of live pigs, primarily from Denmark, France, and Great Britain, with 564 tons imported. Despite the decrease in pork imports, the demand for pork and lard in Ukraine continues to outstrip supply.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, the pork market was marked by extremely low import activity, and this trend continued in January, according to information from the Ukrainian Pork Association. In January, the volume of pork imports (UKT ZED 0203) set a new anti-record since 2018, amounting to 141.8 tons in the first month of the year. This is 2.4 times less than in December and 13.5 times less than the volume of pork supplies in January 2023. According to the currency equivalent, imports amounted to $386.5 thousand, and the average price per kilogram of imported products decreased to $2.73 against $3.11 in the previous month, analysts said. Weakening of pork import activity has been observed since October last year. "Volumes of available domestic supply during the first three weeks of the month continued pressure on the price of pork in procurement. This, on the one hand, reduced the needs of market operators for additional volumes of meat raw materials, and on the other hand, made imports even less ...
Source: Landlord

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.