EU short-term poultry outlook driven by Ukraine/Russia conflict
EU poultry meat imports and exports continue to be affected by the Ukraine/Russia war, but there are signs that production could recover later this year.
The suspension of import duties and quotas on Ukrainian exports to the EU has helped alleviate the war-induced economic pressure on Ukrainian agriculture, together with the Solidarity Lanes and the Black Sea Grain Initiative, which effectively facilitated trade.
Some EU agricultural imports from Ukraine increased substantially last year and put pressure on regional markets such as poultry meat and fed grains. Last year, EU imports grew by around 15% (+105,000 tonnes) due to an increase in shipments from Ukraine. This may be lower this year due to uncertainty surrounding Ukraine’s production.
At the same time, EU exports declined by around 9% in volume due to Russia’s invasion of Ukraine.
The latest EU Agriculture Short-Term Outlook said that last year there was a decline in EU poultry production of around 1.7%, which was lower than in 2021. This was driven by declines in major producing countries such as France (-12%) and Italy (-9%).
Tony McDougal | Poultry World
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