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Poultry Farming: Market Conditions, Forecasts and Export Opportunities. Key Insights by BDO in Ukraine

Poultry Farming: Market Conditions, Forecasts and Export Opportunities. Key Insights by BDO in Ukraine

Poultry farming is a major agricultural sector in Ukraine, providing a substantial share of the domestic meat and egg market and offering significant export opportunities. Despite facing new challenges in 2024, the sector has numerous prospects for development.

Analysts at BDO in Ukraine have conducted comprehensive research into the Ukrainian poultry market, resulting in a detailed industry overview. This includes an analysis of the current market situation, historical data, and future forecasts. Our research will assist you in adapting to market challenges, improving production efficiency, and optimizing strategies to achieve sustainable growth.

This document will prove invaluable to entrepreneurs and investors seeking insight into the key trends driving the industry, the most promising avenues for growth, and the potential for exporting Ukrainian products.

Poultry farming in Ukraine: current state, historical indicators and forecasts

In 2024, the poultry market in Ukraine remains a significant contributor to the agricultural sector. While the war has had a notable impact on the industry, particularly in regions with major production facilities, most large producers have resumed operations, and the market is gradually stabilizing. Poultry remains the most popular meat in Ukraine, with the production supported by both domestic demand and export opportunities.

State of the market

The poultry market is demonstrating encouraging signs of growth as it evolves to meet new challenges, particularly with the assistance of government and international initiatives that are helping to revitalize the agricultural sector. Ukrainian products are gaining traction in international markets, particularly in the European Union and the Middle East, which is expanding export opportunities.

Logistics and infrastructure

The disruption of traditional transportation routes in the south and east of Ukraine has created significant challenges for logistics in the context of ongoing military operations. However, Ukrainian producers have been able to maintain stability in product supply by utilizing western border crossings and alternative routes through European countries.

Despite ongoing security and economic challenges, investment in the industry continues to grow. Large enterprises are modernizing equipment, optimizing production processes, and introducing new technologies, including automation, to increase efficiency and reduce costs.

Demand on foreign markets

The demand for Ukrainian poultry meat remains strong, particularly in the EU, the Middle East, and Southeast Asia. Ukrainian products are attractive to foreign importers due to their high quality and competitive price. Producers are adapting to the requirements of international markets by obtaining relevant certifications and expanding their export geography.

Future forecasts

  • By the end of 2024, the growth rate of poultry production in Ukraine is projected to reach 4.8%, which is higher than the global average and the average for developing countries.
  • It is projected that Ukraine will reach its pre-war production level by 2033, with an average annual growth rate of 1.1%. This will bring the country’s meat production to 1.372 million tons.
  • The share of exports in total output will decline to 37.2% in 2024.
  • Poultry prices in Ukraine will remain below the global level, which will help support demand on both domestic and foreign markets.

Despite the challenges currently facing the poultry industry in Ukraine, there are positive indications that the industry is demonstrating resilience and growth. It is expected that poultry production will continue to grow, maintaining stability in the domestic market and expanding export opportunities.

Analysts of BDO in Ukraine are actively monitoring the poultry market and are prepared to provide expert assistance and solutions to help optimize enterprises in this industry. Our Agribusiness group is focused on analyzing the latest trends and market opportunities in the sector.

Subscribe to our updates and seek professional advice to ensure your business is run in accordance with the best market practices.

* This publication provides general information and does not constitute professional advice or service. It is recommended that you consult a qualified professional advisor before making any decision or taking any action that may affect your finances or business. Please contact BDO in Ukraine for further advice and support.

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