USDA: Ukrainian chicken will be reoriented from the EU to the Middle East

Published Sep 24, 2024

Tridge summary

The US Department of Agriculture (USDA) has forecasted a decrease in Ukraine's chicken production, with an estimated output of 1.32 million tons for 2021 and 1.33 million tons for 2025, due to factors such as the ongoing conflict, economic instability, and logistical issues. Despite these challenges, Ukrainian chicken exports are projected to reach 445,000 tons in 2021 and 450,000 tons in 2022, primarily to the Middle East, Saudi Arabia, and the Arab Emirates, as restrictions by the European Union are expected to impact Ukrainian producers. Additionally, Ukraine is increasing its chicken meat exports to Turkey and Iraq, although these markets are less profitable due to smaller margins. The country also anticipates a reduction in meat offal imports for domestic consumption.

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

Original content

Such a forecast was made by analysts of the US Department of Agriculture (USDA). Given the full-scale invasion, microeconomic instability, lack of foreign and domestic investment, population outflow, logistical problems, mobilization and power outages, chicken production in Ukraine is estimated at 1.32 million tons this year and 1.33 million tons in in 2025. Exports are forecast to be 445,000 tons this year and 450,000 tons next year. USDA analysts believe that the restrictions introduced by the European Union will force Ukrainian producers to consider other export destinations. "The second best alternative to the profitable EU market is the Middle East market. "Chicken meat prices there recovered in the first quarter, which made exports to the traditional markets of Saudi Arabia and the Arab Emirates much more attractive," they believe. Ukraine also increased its presence in the markets of Turkey and Iraq. Turkey is one of the world's leading countries in the ...

Source: AgroPortal.ua