23% jump in Ukraine's poultry exports
From January to October, Ukraine's poultry exports have increased by 23% compared to the same period of last year, announced State Fiscal Service. The volume shipped abroad has reached 333,810 tonnes with a total value of $479.73 million (up by 12.8%).
At the same time, imports of poultry have decreased by 2.1%, to 108,660 tonnes, worth $43.29 million.
In the next following months, Ukrainian poultry exports can see a bigger jump if it is to open the Chinese market. Nevertheless, Yuriy Kosyuk, MHP CEO, thinks that expecting the situation in China to remain unchanged in the long-term may be a mistake. "Today, they have some deficits. Tomorrow, they will be self-sufficient. We will not concentrate too much of our supply for just one market," he explained.
In the last four years, Ukraine has doubled its poultry production and moved aggressively in several markets, including the EU, where MHP already owns several subsidiaries. Other acquisitions of poultry producers and processors in Europe and the Middle East are on Mr. Kosyuk's agenda for next year.
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