The price of Lithuania’s staple food – potatoes – rose the most among produce sold in the country. The key ingredient behind the likes of Cepelinai, Vedarai, and Kugelis cost on average 70 cents per kilogram, rising by 66.1% since last year, according to a survey carried out by pricer.lt. Bananas came second, rising by…
Ukraine imported 13,500 tons of pork for $25.71 million in the first seven months of 2019, the State Fiscal Service has reported. Pork imports to Ukraine over the period exceeded exports in monetary terms 10-fold, according to the report. The largest pork supplier with a share of 48.46% was Poland, followed by Germany (19.79%) and…
Although the Latvian excise duty on strong alcoholic beverages has been cut by 15%, retailers haven’t yet lowered prices, as they are still selling the products purchased at the previous tax rate, Henriks Danusevics, president of the Latvian Traders Association, announced. Danusevics explained that retailers could start buying alcoholic beverages at the reduced tax rate…
A Ukrainian delegation will participate in the 46th Apimondia International Apicultural Congress, which will take place in Montreal from September 8 to September 12, Ukraine’s Embassy in Canada has reported. “For the first time, Ukraine will be represented by the National Stand where you will have a possibility to taste the honey products from leading…
Some 86.2% of Ukrainian agricultural enterprises were profitable in 2018, including all 22 large agricultural enterprises, Director of the Institute of Agrarian Economics Yuriy Lupenko has said. “Last year 86.2% of agricultural enterprises posted profits. At the same time, all 22 large agricultural enterprises were profitable, and they secured 11.9% of the industry’s profit,” the…
Economist from the Investment Center of the Food and Agriculture Organization (FAO) of the United Nations Andriy Yarmak said the profitability of milk production in Ukraine in July grew by 33.6% YoY. “The Ukrainian Milk Index (UMI, conditional profitability of milk production) at commercial enterprises was already 33.6% up in July against the figure reported…
Beer sales on Estonia’s northern border increased 2.2-fold YoY in July, according to the Estonian Breweries Association. Last month beer sales across Estonia increased approximately by 45%, while the sale of cider and other low-alcohol by volume (ABV) beverages rose by 37%, the association said. Beer producers’ July sales figures indicate that the Estonian market…