Business news from Ukraine

Business news from Ukraine

PORK CONSUMPTION IN UKRAINE TO GROW IN 2021

2 August , 2021  

Pork consumption by Ukrainians in 2021 will grow by 4.7% compared to 2020, to 15.5 kg per person per year (excluding fat and offal), which will be the highest result since 2013, when this indicator per capita was 17.9 kg.
This opinion was published on the website of the Association of Pig Breeders of Ukraine with reference to data from the UN Food and Agriculture Organization (FAO).
“The increase in pork consumption is determined by several factors, including the growth of domestic production. Pork occupies niches that free up other types of meat, primarily chicken. So, in 2021, the consumption of chicken will decrease by almost 2 kg,” FAO agricultural markets expert Oleksandr Sikachyna quoted in the post.
According to him, the elasticity of demand for meat is slow: consumers need time to change their purchasing habits, so consumption will not be able to quickly respond to high rates of production growth.

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