Business news from Ukraine

Ukraine took 2nd place among honey suppliers to EU

25 October , 2023  

Ukraine’s share in honey imports to the EU in 2022 amounted to 24%, which allowed it to take second place among exporting countries, Beehive reported on Facebook, citing data from Eurostat and the European Federation of Honey Packers and Distributors (F.E.E.D.M.).

According to the report, in addition to Ukraine, the top countries supplying honey to the EU include China (36%), Argentina (10%), Mexico (7%), Turkey (4%), Cuba and Vietnam (3% each).

According to Beehive’s preliminary forecasts, the total amount of honey exported from Ukraine in 2023 will be 5-10% higher than in 2022.

“It can be noted that Ukraine holds its position in the market and has every chance to increase the number of exports, taking away market share from other major players,” the company summarized.

As reported, the investment holding EFI Group (Effective Investments) has started selling Ukrainian honey produced by one of its companies under the Beehive brand in UK supermarkets.

Registered in 2013, Beehive LLC’s production facilities of 5 thousand square meters are located in Cherkasy region. The daily output of finished products is 40 tons. The company’s capacity is designed to produce more than 10 thousand tons of honey per year. The company has two production lines: bottling in barrels and packaging in glass containers of various volumes for retail. Honey production complies with international standards such as Organic Standard, FDA, IFS Food, FSSC 22000, and Halal.

Effective Investments Group was founded in 2007 and is engaged in the implementation of business projects in Ukraine. It operates in various sectors of the economy: agriculture, pulp and paper industry, construction, gas industry, energy, creative industry, mechanical engineering and coal industry.

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