Ukrainian agricultural products, despite their high quality and important role in Europe’s food security, remain vulnerable due to political circumstances, noted the head of the “Ukrainian Agribusiness Club,” Oleg Khomenko. He emphasized that after 2022, Ukrainian farmers faced not only challenges in production and logistics but also serious political barriers.
This is reported by Finway
Khomenko assured that European farmers need not worry that the Ukrainian agricultural sector will take away EU subsidy funds, as domestic farmers have learned to operate effectively without significant budget support. At the same time, the expert highlighted that the impact of Ukrainian exports on the European Union markets is minimal.
“And this needs to be communicated to our partners,” said Khomenko.
He also noted that when analyzing consumption in Europe and the share of Ukrainian imports, the figures do not exceed 10%: wheat accounts for 6%, sugar for 3%, poultry meat for 2%, and eggs for 1%. Additionally, 80% of the production costs of Ukrainian grain and meat products consist of production means from the EU, which is estimated at approximately €7 billion due to fertilizers, machinery, equipment, and other resources.