Ovostar Union, a leading egg producer in Ukraine, produced 1.479 billion eggs in 2016, up by 24% YoY.
The company said on its website that egg sales last year rose by 22%, to 1.054 billion. Exports grew by 34%, from 229 million in 2015 to 307 million in 2016.
The company processed 407 million eggs (2015 – 347 million eggs). Sales volume of dry egg products increased by 9% to 2,125 tons (2015 – 1,941 tons), while volume of dry egg products exported went up by 45% to 1,320 tons. Sales volume of liquid egg products increased by 30% to 8,689 tons (6,692 tons), while volume of liquid egg products exported amounted to 2,161 tons mostly due to sales to the EU countries.
Average selling price of shell eggs remained mostly the same and amounted to 1.348 UAH/egg compared to 1.374 UAH/egg in 2015. Average selling price of dry egg products increased by 13% YoY, to 121.44 UAH/kg; average selling price of liquid egg products increased by 10% to 29.56 UAH/kg.
As of December 31, 2016 the total flock increased by 16% to 7.6 million hens (2015 – 6.5 million hens). The laying hens flock reached 6.5 million hens, up by 22% YoY.
“In 2016 the company continued following its organic growth strategy. We managed to achieve significant growth rates in all operating indicators. I would like to note that the company started to systemically deliver the liquid egg products to the EU countries,” Ovostar Union CEO Borys Bielikov said. (Interfax/Business World Magazine)