Business news from Ukraine


26 July , 2016  

KYIV. July 26 (Interfax-Ukraine) – Ovostar Union, a leading producer of eggs and egg products in Ukraine, produced 670 million eggs in January-June 2016, and this was 16% up year-over-year, the company has said in a report.

Eggs sales in H1 2016 grew by 12%, to 474 million and exports – by 48%, to 145 million.

The exports share of total sales was 31%.

The group said that average egg selling price during the six months of 2016 increased by 6% to UAH 1.27 per egg compared to UAH 1.20 per egg in the same period previous year.

As at June 30, 2016 the company’s total flock has increased by 21% year-over-year to 7.2 million hens, while the laying hen flocks increased by 27% year-over-year to 5.9 million hens.

In H1 2016, the volume of eggs processed increased by 23% year-over-year to 199 million units.

With increasing demand on liquid egg products from the EU market during the first half of 2016, sales volume of liquid egg products increased by 64% year-over-year to 4,398 tonnes (the share of export in total volume of liquid egg products sold amounted to 30%).

The sales volume of dry egg products remained the same year-over-year and amounted to 925 tonnes, while the export share in total volume of dry egg products sold equaled to 58%. The average selling price of liquid egg products increased by 17% year-over-year to 28.99 UAH/kg; the average selling price of dry egg products increased by 24% year-over-year to 125.90 UAH/kg.