Bakhmatyuk: “Ukraine to become the largest exporter of eggs”

Oleg Bakhmatyuk, owner of Avangard, Ukraine’s largest egg producer, has expressed confidence that in the next few years, Ukraine has all chances to lead global egg exports.

In particular businessman see huge potential in China as importer of Ukrainian eggs. “Beijing at the state level has been actively developing domestic pig farming, but egg production in the country is not very developed. Avangard, which exported 110.8 million eggs in the first quarter of 2012, compared with just 1.3 million for the same period of 2011, sees in China one of the priority markets for increasing export supplies in 2012” said Bakhmatyuk in a recent interview. Among other promising Asian markets Bakhmatyuk also marked Malaysia and the Philippines.

“The dynamics of the global market promises bright prospects for egg producers. World import of chicken eggs is growing at more than US$ 100 million a year, even during the global economic crisis. At the same time markets of the Middle East and India are catching up with Western countries on the consumption of this product. An important advantage of the Ukrainian enterprises compared to Western competitors is cheap feed grains. The cost of grain for the Ukrainian poultry farmers is the same as the price of oil in Saudi Arabia” said Bakhmatyuk.

“We have some of the best lands in the world. Our land is sufficient to produce about 120 million tonnes of grain per year, and the only problem is the availability of technology. Ukraine – is a Brazil, only with a 10-year-old lag,” says Bakhmatyuk.

Source: Vladislav Vorotnikov