The price of lard breaks records: how the product has risen in price over the year – Ukraine news
Why prices for lard are rising in Ukraine and what to expect next – read in the material of Channel 24.
According to Gosstat, the average price of a kilogram of lard in Ukraine for the year increased by almost 15 hryvnia or 20%. In October 2020, a kilogram was worth it 75.30 UAH, and in October this year – 90.24 hryvnias.
But prices in Ukrainian supermarkets are particularly different from official data. According to estimates “Ministry of Finance”, salted lard in large supermarket chains in Ukraine is in November 188 hryvnias per kilogram. Only for 2 months it has risen in price by 30%.
Prices of lard in stores are markedly different from the average prices of the State Statistics Service / Photo Channel 24
The price of food in the world has risen sharply
The rise in meat prices can be explained by rising prices for feed and grain. In October, grain prices were 22% higher than a year ago. Wheat throughout the year has risen in price by almost 40%, – examination of the Food and Agriculture Organization of the United Nations (FAO) associated with poor yields.
Among the reasons for this price increase – droughts, high demand for grain crops in China, export restrictions, rising oil prices, fertilizer shortages, climate change, closed borders and labor outflows.
On the topic of food prices, they updated the ten-year high: what went up the most
World economic recovery
Tatiana Ostrikova, a member of the supervisory board of Altbank JSC, told Channel 24 that the world economy is recovering from the crisis in 2020. Therefore, economic growth has increased the demand for everything: raw materials, energy, often conductors, as from the semi.
For example, from the beginning of 2020 and from September 2021, global transport services have risen in price almost 5 times. This puts prices on everything else that is transported by ships. The problem is that the rapid economic growth of developed countries compensates for the losses from high prices.
She also found that Ukraine’s current economy is significantly freer than that of developed economies.
The US economy in 2021 will grow by 6%, France – 6.3%, the UK – 6.8% and more. We have 3.5% according to the IMF forecast. Therefore, until the last level of the world, we can only withstand the positive effect of this – high prices,
The expert explained.
Record growth of imports
In 2021, Ukraine imports four times more lard than it produces. Moreover, compared to last year, production is falling and imports are in the lead, the expert stressed.
In the first 9 months of 2021, 6.5 thousand tons of lard were produced (2% less than in the first nine months of 2020), 25 thousand tons of lard were imported during the same period, of which 14 thousand tons were from Poland. So, only 20% of lard on store shelves is Ukrainian,
– the expert told.
Ostrikova believes that animal husbandry in our country is declining and this is a well-known problem. So he gives disappointing statistics:
- In 1990, there were 20 million pigs in Ukraine.
- In 2014 – 8 million.
- In 2021 – 5.9 million pigs.
She noted that among this additional is the redistribution from households on the side of large farms:
- for the number of years of domestic pigs decreased by 9%,
- farming – increased by 4%.
The reason for this concentration of pigs on farms is obvious – there is a lower cost of production of large-scale effects.
And raising your own pig in the village is not profitable, their number is falling sharply. And even with such isolation processes – the total number of pigs and the amount of optimal fat in Ukraine is falling,
– the expert told.
Cost of imported pork
In August, the weighted average customs value of a kilogram of imported pork was almost 2 dollars (52.66 hryvnias), then in September it dropped to 1.82 dollars per kilogram (47.92 hryvnias) and in October – to 1.74 dollars per kilogram (45). , 81 hryvnias), according to the data Association “Pig Farmers of Ukraine”.
The customs value of commodity categories in September-October was reduced by 3-9 cents per kilogram. Therefore, the vast majority of imports cost domestic importers 1.5 – 1.77 dollars per kilogram (39.49 – 46.60 hryvnia – Channel 24),
– told in the association “Pig farmers of Ukraine”.
* As of November 16 of this year hryvnia to dollar exchange rate was 26.34, according to the NBU.
From which countries did you import lard:
- 85% of lard was imported from Denmark, Poland and the Netherlands in 10 months.
- 10% of pork revenues for the reporting month were imported from Belgium.
Lard imported from several countries / Photo youtube