Shell eggs export dynamics from Ukraine

10 October 2016

Basing on customs statistics, total shell eggs export from Ukraine in 9m 2016 made 40.1k tons or USD 35M in money terms. Taking into account total Y2015 export in natural terms made 59.3k tons, we expect approximately the same figure for the whole Y2016. Along with it in 9m 2016 average export price per 1 ton declined vs. Y2015 by more than 30%, which means that volumes of realization in money terms significantly decreased.

As for domestic prices dynamics, after sharp drop in February-April16 (by more than 35% in UAH terms) they somewhat rebounded in following months (by 10-15%). But during last weeks prices grew by more than 40%, which means profitability of producers in Q4 is expected to significantly increase vs. beginning of current year (decrease of profitability was seen in both Avangard and Ovostar financials).

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