Quotas for pork imports from the EU have been exhausted in Ukraine

Published 2021년 9월 2일

Tridge summary

Ukrainian importers have fully utilized the duty-free import quotas of pork from the European Union (EU) from January to August, importing 20,000 tons of chilled and frozen pork. Once these quotas are exhausted, the cost of European pork will increase by 12% for chilled pork and 10% for frozen pork. Similarly, Ukraine has free supply agreements for pork from Canada and the UK, but has only received a small portion of the allocated pork from these countries. The Association of Pig Farmers of Ukraine anticipates that the exhaustion of these quotas and the expected increase in exchange rates in the fall could limit the impact of imported raw materials on the domestic pork market.

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

Original content

During January-August, Ukrainian importers used quotas of duty-free import of pork from the European Union in full. This was reported by the analytical department of the ACS according to the data web portal "Single Window for International Trade" of the State Customs Service Of Ukraine. "As of September 1, before Ukraine imported 20,000 tons of chilled and frozen pork from EU countries. This corresponds to the quota for duty-free supply of pork from European countries commonwealth established under the economic part of the Association Agreement. As these limits are chosen this year, every next kilogram is European chilled pork will cost importers 12% more due to customs duties, and frozen pork rises in price by 10% ", - noted in the Association of Pig Farmers Of Ukraine ". "One of the reasons for the revival import activity in late summer, we consider it a small balance of duty-free quotas that encouraged operators to "stock up" on cheaper raw meat. Note that this ...

Source: Pigua