Ukraine: Meat sector review

Worldwide productivity growth throughout the meat production chain has been significant in recent years. Meat production has grown about 300 percent in the last 50 years. Meat is anticipated to be one of the fastest growing commodities due to increasing incomes, changing consumer preferences in many emerging economies, economies of scale and structural changes which are lowering costs of meat production and meat prices (poultry and pig meat in particular). Global meat consumption c ontinues to grow at one of the highest rates of any major agricultural commodity. Growth in developing countries is projected to capture 82 percent of the additional global consumption by 2021. According to the OECD-FAO Agricultural Outlook 2012-2021, growth in meat demand will be driven mostly by the large Asian economies, oil exporting countries and Latin America, where income gains are expected to be significant, and by emerging economies where income growth and urbanization wil l strengthen the consumption of animal proteins at the expense of foods of vegetal origin. Poultry meat as the cheapest and most accessible source of meat protein will lead this anticipated growth, globally overtaking pig meat as the largest source of meat by 2021. The six year period under review in this study is 2005 to 2010. Based on the review, forecasts are made on the mid-term prospects of the meat sector. Despite the fact that meat production in Ukraine grew in absolute term s during 2005–2010, its contribution to the Ukrainian GDP decreased from 4.4 percent to 3.2 percent. During those six years, Ukraine increased meat production in terms of volume by 39 percent. All of the increase occurred on commercial farms, while production on smallholder (household) farms remained largely unchanged. Poultry was the fastest growing segment of the meat sector. Despite a sharp decline in import tariff protection following WTO accession and the negative impact of the global financial crisis on trade and consumers’ incomes, which narrowed domestic profit margins in the short term, the meat sector managed to rebound and continue to grow.

Bibliographic Details

Main Author:	Yarmak,A.; Svyatkivska, E.; Prikhodko, D.;Investment Centre Division
Format:	Book (stand-alone) biblioteca
Language:	English
Published:	2014
Online Access:	http://www.fao.org/documents/card/en/c/a3e5d5ab-9c2c-5a72-b060-d90214cb49c0 https://fao-prod.atmire.com/handle/20.500.14283/I3532E http://www.fao.org/3/a-i3532e.pdf
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