Browse Data and Analysis

Ukraine’s total imports of fish and seafood rebounded by 28 percent in 2023 after a major war-impacted drop in 2022. The demand for seafood remains strong, although it has shifted from more expensive species to cheaper ones. Strong imports are taking place despite a 20 percent population drop, a major disposable income decline, and new and more expensive trade routes.

Grain production in Ukraine has remained unprofitable since the Russia’s invasion, and this is expected to translate into decreased grain area for MY2024/25. With CY2024 yields forecast below the previous near-record-breaking CY2023, the total grain MY2024/25 production volume is forecast to be lower than for the previous marketing year.

For marketing year (MY) 2024/25, Ukrainian farmers are forecast to increase area under all the major oilseeds except for sunflowers. However, regarding production volumes, this increase might be somewhat dampened by lower yields compared to the high levels of MY2023/24.

After a major decrease in 2022, Ukraine’s cattle and swine population is expected to decline further in 2023. Although some war-related factors have already had their negative impact, the refugee crisis, disposable income drops, and a weakened economy are expected to depress livestock sector development further.

Although it initially decreased after the war began, Ukraine’s chicken meat production remained stable in 2022. The production was impacted by significant cost increases predominately associated with more expensive trade logistics and a turbulent macroeconomic environment.