Beef, sheep or goat fat market Ukraine

Earlier Report Observations

The market for beef, sheep, and goat fats in Ukraine grew from 30 086 t in 2018 to a peak of 35 897 t in 2020, supported by rising domestic production. This upward trend was interrupted in 2021 and 2022, with the market size contracting to 31 550 t.

In August 2022, the Cabinet of Ministers of Ukraine introduced a state budget support program, providing special subsidies to farms for maintaining cattle, goats, and sheep. These direct payments to livestock producers aimed to stabilize the raw material base for animal fat production.

Market volume recovered to 33 329 t in 2023, aided by increased demand from the animal feed industry, which uses protein derived from meat and animal by-products, including fats, in the manufacture of dry pet food.

Production beef, sheep or goat fat Ukraine

In kind, 2017-2020, t

From 2017 to 2020, Ukraine maintained the 30th position globally in terms of beef, sheep, or goat fat production volume.

Top producers of beef, sheep or goat fat, 2017-2020

World map of production of beef, sheep or goat fat, 2017-2020

Beef, sheep, or goat fat production in Ukraine has increased for the third consecutive year. In 2020, Ukraine produced 36 792 tonnes, marking a robust year-over-year uptick of 18.6%. Between 2017 and 2020, production grew by 104.8%, which translates to an annualized rate of 27.0%.

Annual dynamics of production Ukraine in kind, 2017-2020, t

In value, 2017-2020, K $ US

Beef, sheep, or goat fat production in Ukraine has risen for the third year in a row. In 2020, the output was valued at 19 666 thousand US dollars, showing a modest gain of 1.2% compared to the previous year. Over the 2017-2020 period, production increased by 160.3%, with a compound annual growth rate of 37.6%.

Annual dynamics of production Ukraine in value, 2017-2020, K $ US

Exports beef, sheep or goat fat to Ukraine

Exports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Exports varied significantly, with an 8-fold difference between the high in 2017 and the low in 2018. In 2020, Ukraine's foreign supplies of beef, sheep, or goat fat reached 1 784 tonnes, up by 350.8% from 2019. The minimum value was recorded in 2018 at 250 tonnes, representing the largest decline of 87.5%.

Annual dynamics of product's exports to Ukraine in kind, 2017-2020, t

From 2017 to 2020, the structure of exports in kind was dominated by Poland, which accounted for 70.0% of total flows, alongside a large number of minor partners.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports to Ukraine in kind, 2017-2020

Exports in value, K $ US

There were noticeable fluctuations in market performance during this period. Export volumes peaked in 2020 and dropped to their lowest point in 2018, with a top-to-bottom ratio of 7.7 times. In 2020, Ukraine exported 953.5 thousand US dollars of beef, sheep, or goat fat, amounting to a rise of 284.8% year-over-year. The minimum value was recorded in 2018 at 124.2 thousand US dollars, marking the largest decline of 85.3%.

Annual dynamics of product's exports to Ukraine in value, 2017-2020, K $ US

Throughout 2017 to 2020, Poland and Slovakia remained the principal destinations for exports in value terms, jointly taking 89.4% of total flows, while other partners each accounted for significantly smaller shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports to Ukraine in value, 2017-2020

Imports beef, sheep or goat fat in Ukraine

Imports in kind, t

Volatility characterized the market behavior during these years. Imports showed a 43-fold variation between the maximum in 2020 and the minimum in 2018. In 2020, Ukraine's imports of beef, sheep, or goat fat amounted to 889 tonnes, up by 262.4% year-over-year. The minimum value was recorded in 2018 at 21 tonnes, representing the largest decline of 96.6%. The largest increase occurred in 2019, with a jump of 1,095.8%.

Annual dynamics of product's imports in Ukraine in kind, 2017-2020, t

From 2017 to 2020, Germany (39.2% of imports in kind), Poland (26.8% of imports in kind), and Ireland (10.0% of imports in kind) were the main sources in the geographical breakdown of beef, sheep, or goat fat imports to Ukraine, with a combined share of 76.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports in Ukraine in kind, 2017-2020

Imports in value, K $ US

The market showed signs of volatility over the observed period. Imports varied by a factor of 26 between the high in 2017 and the low in 2018. In 2020, cross-border shipments of beef, sheep, or goat fat to Ukraine amounted to 483.5 thousand US dollars, up by 243.1% compared to 2019. The minimum value was recorded in 2018 at 28.2 thousand US dollars, marking the largest decline of 96.2%. The largest increase was recorded in 2019, with a surge of 399.1%.

Annual dynamics of product's imports in Ukraine in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany (59.5% of imports in value terms), Poland (15.8% of imports in value terms), and Belgium (7.9% of imports in value terms) formed the core of imports in value terms, together accounting for 83.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports in Ukraine in value, 2017-2020