Ukraine has exhausted quotas on pork imports from the EU in 8 months

Published 2021년 9월 2일

Tridge summary

Ukrainian importers have fully utilized the duty-free import quota of pork from the European Union (EU) from January to August, importing 20,000 tons of chilled and frozen pork. Once this quota is exhausted, additional European pork will incur a 12% customs duty on chilled pork and a 10% duty on frozen pork. So far, Ukraine has not maximized its duty-free pork supply agreements with Canada and the UK, importing only a fraction of the allocated quota from these countries. The analysis firm ACS suggests that the early exhaustion of these quota balances, compared to previous years, is driving an increase in imports of cheaper raw meat.

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

Original content

During January-August, Ukrainian importers used the quotas of duty-free import of pork from the European Union in full. This was reported by the analytical department of the ACS. "As of September 1, 20,000 tons of chilled and frozen pork were imported to Ukraine from EU countries. This corresponds to the volume of the quota for duty-free supply of pork from the countries of the European Community, established under the economic part of the Association Agreement. As these limits have been chosen this year, each additional kilogram of European chilled pork will cost importers 12% more due to customs duties, and frozen pork will rise in price by 10%, ”the Pig Farmers of Ukraine Association notes. One of the reasons for the revival of import activity at the end of the summer in the Association is the small balance of duty-free quota, which encouraged operators to "stock up" on cheaper raw meat. "Note that this year the quotas have been exhausted in eight months, while in previous ...

Source: Kurkul