Market of bottled vegetable oils in Ukraine: use of profitable possibilities

16.01.2019

In the near future, the government may stop refunding VAT on vegetable oil exports from Ukraine, as the State Fiscal Service proposes such an innovation for the Ukrainian fat-and-oil sector. The only exception may be sunflower oil in bottles of up to 5,000 cm3.

In the opinion of UkrAgroConsult, this will have the following implications for the market:

- a decline in crude sunflower oil exports that may somewhat underpin world prices for all vegetable oils;

- a drop in fat-and-oil producer revenues in view of low world prices for vegetable oils;

- a rise in bottled oil production margins and exports that can be considered as a positive point because the matter concerns production of a commodity with higher added value;

- strengthening of Ukraine’s position in the world market of refined and bottled sunflower oil. Now, the country is the top-ranking producer and exporter of sunflower oil, but trails far behind in the refined and bottled oil segment;

- investment in upgrading the plants because refining and bottling facilities in Ukraine are underdeveloped now.

Will Ukraine’s fat-and-oil sector enter a new stage of development? What markets and prospects are opening up for Ukrainian producers?

See more detail on the bottled vegoil market in UkrAgroConsult’s study “Market of bottled vegetable oils in Ukraine: use of profitable possibilities”

Contents:

  • Production trends and prospects in Ukraine
  • Major players and their shares
  • Brands. Dominance in the market         
  • Export trends
  • Key destinations
  • Ranking of exporters

Peculiarities of transportation
 

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