Tim Steinle, co-manager of the Eastern European Fund (EUROX), was in Ukraine last week week doing some field research on growing investment opportunities in the former breadbasket of the Soviet Union.  He was impressed that that agribusiness is booming.  Meat production, specifically poultry, is one of the most promising sectors of the country’s economy. The CNN show, the “i-list,” recently did a special report on poultry production in Ukraine.  Watch the video here.

In 2009, Ukraine consumed 2.2 million tons of meat, which is roughly 105 pounds per person, according to data from Renaissance Capital (RenCap). That is 39 percent above the world average.  As you can see from the chart, nearly half of that is poultry.

RenCap estimates that Ukraine’s share of poultry consumption will grow over the next five years to reach the same level as South Africa, Venezuela and Mexico.

UkrAgroConsult