Ukrainian eggs export surge in August

10 September 2017

In August Ukrainian companies exported 12.4k tons of shell eggs, which is the highest value since the beginning of current year and has been by 30% higher than in July.

In August 2016 shell eggs export comprised 5.3k tons, so in last reporting month y-o-y growth was more than twofold.

In total in 8m 2017 Ukrainian companies exported 51.9k tons of shell eggs (USD 35.7M), while in the same period of Y2016 33.8k tons for USD 30M. Export dynamics since the beginning of Y2017 looked as follows:

Shell eggs export dynamics in Ukraine August 2017

One of main factors of export growth was re-opening of Iraq market for Ukrainian producers (during 2011-2015 years Iraq has been main importer of Ukrainian shell eggs). During July-August export to Iraq made USD 4.5M, as a result Iraq already became second largest Ukrainian shell eggs importer for the whole period of 8m2017 (leading importer UAE with amount of export in money terms at USD 17.5M).

Eggs products export remains low in latest reporting month it made just USD 452k (since the beginning of Y2017 USD 4.5M).

Active export supports Ukrainian domestic shell eggs prices during August they grew by 18% (in August 2016 by 1.3%). So if current export dynamics will continue, taking into account seasonality of eggs production in Ukraine, we can expect significant growth of domestic prices in coming months.

Ukrainian shell eggs retail price index dynamics since the beginning of Y2015 looked as follows:

Eggs price dynamics in Ukraine August 2017

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