The EU reinstated tariffs on eggs and sugar from Ukraine

Published Jul 6, 2024

Tridge summary

Starting July 2, the European Union (EU) has reintroduced protective duties on eggs and sugar imports from Ukraine, in accordance with the renewal of customs quotas for these commodities. This step is part of the EU's safeguard mechanism initiated in the spring to limit free trade with Ukraine, which triggers an 'emergency brake' for up to 7 Ukrainian agricultural products, including eggs and sugar, if their imported volumes surpass certain thresholds. For eggs, the annual average import limit is 23,189 tons, and for sugar, it is 262,650 tons. The reintroduction of these duties has been welcomed by Polish egg producers, who had previously struggled with overwhelming competition from Ukraine's lower production cost model. This development marks a positive shift for the Polish egg market, with heightened demand from both EU and third countries.

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

Original content

From July 2, the European Union included the mechanism of protective duties against eggs and sugar produced in Ukraine, according to a statement of the Directorate General for Agriculture and Rural Development of the European Commission. "Despite the claims of the Ukrainian government that the EU has no such plans for the near future, as of July 2, the EU renewed the customs quotas for the import of eggs and sugar from Ukraine," commented the local electronic publication European Justice. In the spring, the EU created a mechanism with safeguards to limit free trade with Ukraine, which provides for the automatic activation of the so-called "emergency brake" for 7 Ukrainian agricultural products, if the imported quantities reach the annual average recorded on July 1, 2021 and 31 December 2023. For eggs it is 23,189 tons, and for sugar – 262,650 tons. "Since the import of eggs and sugar from Ukraine since the beginning of 2024 already exceeds the quantities included in the duty-free ...

Source: Sinor