Ukraine: Poultry and Products Annual

Ukraine’s chicken meat production is expected to decline by over 8 percent in 2022. The industry is experiencing significant problems with inputs procurement, in-country, and export logistics, domestic consumer base decrease, and labor force shortages. It suffers from significant currency devaluation, debt servicing problems, and a lack of bank financing. Both chicken meat exports and domestic consumption are expected to decline in 2022 prior to a slight recovery in 2023. Growing poultry prices and an abundance of cheap feed will have a modest positive impact. Imports are expected to drop, driven by lower domestic demand. Exports are expected to get redistributed with the EU market growing in importance.