Ukraine increased cattle and beef exports by 14.5% in January-October 2023

Published Nov 16, 2023

Tridge summary

Ukraine's export of live weight cattle decreased significantly in October compared to September, with revenue also declining. Georgia did not make any purchases from Ukraine during this time. On the other hand, Ukraine saw an increase in chilled beef exports and higher revenue in October. However, the export of frozen beef decreased, and the country faced logistical obstacles and increased prices for red meat, which affected exports. Demand for beef in China, South Korea, and Japan intensified, while the EU market saw a decrease in consumption.

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

Original content

According to the preliminary data of the DSSU, in October Ukraine exported 701 tons of live weight cattle, which is 61% less compared to September of this year. Revenue for delivered animals amounted to 982.1 thousand dollars. and decreased by 68% compared to the previous month. Georgia did not buy cows from Ukraine last month. In general, in January-October 2023, Ukraine exported 15.47 thousand tons of live weight cattle for the amount of 24.41 million dollars. This is 3% more than last year in terms of physical volumes, but cash revenue for delivered animals decreased by 16%. In October 2023, Ukraine increased the volume of chilled beef exports to 17 tons, which is 16 tons more than in September. The monetary revenue for the delivered goods increased to USD 60.8 thousand. (+85%). Compared to October last year, the export of fresh beef increased by 94% in physical volume and by 93% in monetary equivalent. About 98% of the exported goods were sent to Georgia, the rest to Moldova ...

Source: MilkUA