Ukrainian eggs export update

25 December 2023

In the first eleven months of 2023, Ukrainian exports of shell eggs made 46k tons, export of egg products 8k tons.

According to the data of customs statistics of Ukraine, in November 2023, Ukrainian export of shell eggs was 3.7 thousand tons, which is more than in October, but less than the average during 2023.

Since the beginning of the year, Ukraine has exported a total of 46,000 tons of shell eggs, compared to 24,400 tons during the corresponding period of 2022.

Shell eggs export Ukraine November 2023

In money terms, exports increased from $37 million to $58 million, despite the fact that the average price of exports decreased by 18%.

Decrease in the average export price from more than $1.5 per 1 kg at the beginning of the year to less than $1.2 per 1 kg starting from July explains not very active export of eggs from Ukraine in recent months.

At the same time, the export of egg products remains relatively stable. In November, the revenue from the export of egg products amounted to $3.8 million, in total for January-November - $37 million ($20 million for the corresponding period of 2022).

In total in Y2022, Ukraine exported 27,000 tons of shell eggs worth $42 million and 5,100 tons of egg products worth $23 million.

Our analysis of 9m 2023 financial report of one of the largest Ukrainian producers of eggs and egg products - the Ovostar company - is provided at the link.