Ukraine: Poultry and Products Semi-annual

Ukraine’s chicken meat production continued to recover in 2023, driven by low feed costs and stable energy supplies and macroeconomic environment. Facing lower world market poultry prices in the first three quarters of 2023, Ukrainian poultry producers concentrated on import replacement on the domestic market and exports to the European Union, under the tariff- and quota-free access granted to Ukraine in solidarity after Russia’s full-scale invasion. Production recovery is expected to continue in 2024 as the industry adjusts to war shocks. Some new quotas proposed by the EU may limit Ukraine’s poultry exports there in 2024 to the average volumes of 2022-2023. If this market is limited, the industry is expected to shift its export focus back to other markets. The forecast remains fragile due to war-related factors.