Pork prices drop significantly in domestic markets

Prices of pork have dropped significantly in Ukrainian markets and stores.

That is according to the Ukrainian TSN TV news service, referring to All-Ukrainian Association of Importers of Meat and Meat Products on December 21.

Read alsoProduction of meat, milk and eggs on decline

Noteworthy, prices of meat traditionally go up on the eve of the New Year holidays.

The current situation may be caused by an increase in relevant imports this year, it said.

A decline in demand for pork bought by hotels, restaurants, and cafes has also contributed to this trend. Some of them have failed to survive the first round of the coronavirus-related quarantine. Others shut down, pending another lockdown.

Background

• The price of New Year 2021 meals for a family of four is expected to be UAH 1,706 (US$61) on average.
• Kyiv residents will have to pay at least UAH 1,916.78 (US$69).
• Meat products, vegetables, Olivye ("Olivier") Salad, also known as Russian Salad, which is a traditional Eastern European specialty during New Year's holiday season, as well as chocolates will be most expensive food consumed during the holiday season.