Ukrainian Agribusiness
Infographic report
HOW TO READ THIS REPORT
AGRIBUSINESS IN 2017/18 MY
PAGES 3-9
CROP PRODUCTION
PAGES 10-33
ANIMAL PRODUCTS
PAGES 34-41
PROCESSED FOOD
PAGES 42-47
INFRASTRUCTURE AND SERVICES
PAGES 48-62
The aim of this report is to show the scale of the agricultural sector in Ukraine by analyzing market trends and highlighting potential areas of its growth.
WHY INFOGRAPHICS
Infographics does not take much time for reading and shows large volumes of data on Ukrainian and world market in an easy and understandable format.
Each type of agricultural production has its color and graphics. Throughout the report, the yellow color indicates crop production, green shades represent oil crops, and blues standfor animal production.
DATA SOURCES:
● Baker Tilly● Latifundist Media (Latifundist.com, Elevatorist.com,
AgroPolit.com) ● Ministry of Agrarian Policy and Food of Ukraine (Minagroprod)● State Statistics Service of Ukraine (State Statistics)● Food And Agriculture Organization (FAO) ● United States Department of Agriculture (USDA) ● AgroChart.com● CFTS Consulting● State Enterprise “Ukrainian Sea Ports Authority” (USPA)● Ministry of Finance of Ukraine (MinFin)● Ministry of Infrastructure of Ukraine (MinInfrastructure)● The State Service of Ukraine for Geodesy, Cartography and
Cadastre (StateGeoCadastre)● AEQUO● Eurostat● National Bank of Ukraine (NBU)● International Finance Corporation (IFC)
Please note that data may vary due to different estimation methods each company uses.
Potato
Nuts
Sugar Beet
Corn
Barley
Crop Production
Wheat
Soybean
Rapeseed
Grapes
Sunflowerseeds
Animal Products
Milk
Pork
Fish
Lamb
Eggs
Honey
Beef
Poultry
Other typesof meat
Processed Food
Processed Meat
Beer
Soy oil
DairyProducts
Cheese
Flour
Confectionery
Sunflower oil
Rapeseed oil
Butter andmargarine
Sugar
CannedVegetables
Juice
Vodka
Bread
ABOUT THIS REPORT
2
UKRAINIAN AGRIBUSINESS
AGRIBUSINESSIN 2017/18 MY
Ukraine's place in the world food market1
Taxes paid by the agriculturalindustry, bln UAH
41% of the totalexports
Export of agriculturaland food products, $ bln
17,8
18,2
$19 bln in 2017
Agricultural production andprocessing, % of GDP
Profitability ofagricultural production
Government subsidiesused in agriculture, mln UAH
9,1%
17,0%
20,5%
31,6%
399
540
7,4
43,5
2012 201220172017
2012
2017
2012
2017
20172013
1
3
5
7
Productionof sunflower
seeds
Productionof sunflower
oil
Export ofsunflower
oil
Exportof wheat
Productionof barley
Exportof barley
4
Exportof corn
Export ofhoney
Export ofrapeseed
Productionof honey
Productionof rapeseed
Exportof soybean
THE ROLE OF AGRIBUSINESS IN UKRAINE’S AND WORLD ECONOMY
Source: State Statistics, USDA, FAO ¹ The data is provided for 2017/18 MY
AGRIBUSINESS IN 2017/18 MY
4
8,7 Barley
27,0 Wheat 24,1 Corn
1,3 Other
61,1Grains and legumes 33,9Fruit and vegetables
Processed food3
22,2 Potato 9,3 Vegetables (other)
2,0 Fruit, berries
0,4 Grapes
5,2 Sunflower oil
1,8 Beer
1,9 Flour
2,1 Sugar
0,85 Eggs2
0,07 Honey
13,7 Sunflower seeds14,5 Sugar beet
13,5Animal products
34,3Industrial crops
10,3 Milk 2,3 Meat1
3,9 Soybean
Bread and bakeryproducts
2,2 Rapeseed
1,0
The summary does not include the data fromthe temporarily occupied territories of the Crimeaand the United forces operation
BASIC ITEMS OF AGRICULTURAL PRODUCTION, MLN T
Source: State Statistics, Minagroprod,USDA, Ukrsugar
1 Live weight2 For the calculation used the average total weight of an egg — 55 g3 The total amount of processed food is usually not calculated
AGRIBUSINESS IN 2017/18 MY
5
2,0Vinnytsia
0,76Volyn
1,3Donetsk
0,75Zhytomyr
1,3Zakarpattia
0,43Ivano-
Frankivsk
2,0Kyiv
1,0Luhansk
1,1Lviv
0,82Sumy
1,4Ternopil
1,5Kharkiv
1,3Khmelnytskyi
1,5Cherkasy
0,08Chernivtsi
1,2Chernihiv
0,64Rivne
Vinnytsia
Eggs
18%
Kyiv
Zhytomyr
Honey
12%
Wheat
17%
Oat
17%
Odessa
Milk
8%
Wheat
9%
Potato
9%
Rapeseed
12%
Buckwheat
14%
Sumy
Khmelnytskyi
Beet
19%
Grapes
62%
Soybean
12%
Meat
14%
Barley
15%
Nuts
10%
Corn
12%
Poltava
Kherson
Mustard
24%
Vegetables
14%
Sunflower seeds
10%
Berries
10%
Donetsk
Dnipropetrovsk
2,5Kirovohrad
2,4Kherson
4,1Dnipropetrovsk
2,0Poltava
7,3Odessa
5,3Mykolaiv
2,3Zaporizhia
up to 1thou.
1–2 2-4 > 4thou.
Number of farms, thou.2,0
Top producing regions
Share in the nationalproduction
Zaporizhia
Legumes
11%
FARMS AND SPECIALISATION OF UKRAINIAN REGIONS
Source: State Statistics, StateGeoCadastre
AGRIBUSINESS IN 2017/18 MY
6
Export,thou. tons
5 350
4 289
2 500
2 236
328
136
31
89
4 026
2 832
1 003
876
642
282
531
134
101
16
2 678
69
17 775
Corn2 18 500
Wheat2
Sunflower oil
Soybean2
Rapeseed2
Meat and edible subproducts
Milk and dairy products
Eggs1
68Honey
Nuts
35Sunflower seeds2
Barley2
Export income,$ mln
SHARE OF AGRICULTURAL PRODUCTS FOR EXPORT AND INCOMES
Source: Calculated based on State Statistics and USDA data1 For the calculation used the average total weight
of an egg — 55 g
2 Based on the data of 2017/18 MY: June/August 2017/18 MY forwheat, barley, and rapeseed; September/August 2017/18 for corn,sunflower seeds and soybean.
AGRIBUSINESS IN 2017/18 MY
7
ExportImport Balance-5,0Agriculture trade dynamics, $ bln
0
5
10
15
20
25
30
35
40
‘12 ‘13 ‘14 ‘15 ‘16 ‘17
CIS countries
-9,2
-5,9
-2,4
-2,7-2,5
-4,6
Europe
-10,1 -11,5
-5,3
-3,4 -4,7
-5,0
Asia
0,5 1,64,5
5,1 2,9 2,3
Africa
4,3 4,43,2 3,3
4,83,3
America
-1,8 -2,2-1,6 -1,6 -1,9 -2,4
-54
-159 -156-102 -80
0
100
200
mln $
bln $ Australia and Oceania, mln $
-145
344Bangladesh
994Egypt
336India
337Indonesia
365Iran
496Spain
424Italy
455China
778Netherlands
577Turkey
50,3Belarus
84,3Egypt
37,1Moldova
53,6UAE
63,8Iraq
60,2Azerbaijan
62,7Kazakhstan
92,4Netherlands
64,3Germany
39,6Turkey
Main importers of Ukrainianagricultural products, $ mln
Cropproduction
$9,2 bln
Animalproducts
$1,1 bln
INTERNATIONAL TRADE
Source: State Statistics
AGRIBUSINESS IN 2017/18 MY
8
1,2Other2,4
Hayfields
5,6Pasture
33,5Arableland
Structureof agricultural
lands
42,7mln ha
Number of land plots
Up to 50 ha Up to 100 ha Up to 500 ha Over 500 ha
Ownership 34 119 35 508 35 845 8
Right to lease 19 688 20 905 21 213 3
Right ofpermanent use 1 079 1 129 1 129 0
Emphyteusis
Up to 20 ha
28 892
15 525
533
546 574 582 582 0
296621
800 8941 134
1 944
1 699
86
15
Total areaby plot size,
thou. ha
Total area by landownership rights,thou. ha
As of March 21, 2018
Top 10 Ukrainian Agroholdings Financial indicators, mln $ or mln €
The dynamics of land bank changes, thou. ha
570560
430
370
250
165130120117110
UkrLandFarming
Agroprosperis (NCH)
Kernel
Myronivsky Hliboproduct
ІМC
Astarta-Kyiv
Mriya Agroholding
AgroGeneration
UKRPROMINVEST�AGRO
Agroton
100
200
300
400
500
600
700
2014 2015 2016 2017 2018
EBITDA
91
319
n/a
459
120
8
n/a
39
17
9
Net income
11
176
n/a
230
62
115
18
13
n/a
8
LAND BANK AND TOP 10 AGROHOLDINGS OF UKRAINE
Source: Latifundist.com, StateGeoCadastre
AGRIBUSINESS IN 2017/18 MY
9
UKRAINIAN AGRIBUSINESS
CROP PRODUCTION
400
8001000thou. ha
20050
Grainsand legumes
Potato andvegetables
Industrialcrops
524Lviv
Area of crop production,thou. ha
1 350Vinnytsia
436Volyn
953Donetsk
661Zhytomyr
138Zakarpattia
281Ivano-Frankivsk
919Kyiv
1 479Kirovohrad
778Luhansk
524Lviv
1 375Poltava
906Sumy
687Ternopil 1 608
Kharkiv
1 223Kherson
861Khmelnytskyi
953Cherkasy
1 887Dnipropetrovsk199
Chernivtsi
1 013Chernihiv405
Rivne
1 482Mykolaiv
1 812Odessa
1 592Zaporizhia
Crops structure, mln ha
2016
Compared with 2016
6,1Sunflower seeds 0%
6,4Wheat +3%
4,5Corn +5%
2,0Soybean +7%
1,3Potato +1%
0,8Rapeseed +75%
0,3Sugar beet +8%
0,2Rye +19% +19%
2,5Barley -13%
0,2Oat -5%
CROP PRODUCTION
11
REGIONAL SPECIALIZATION IN CROP PRODUCTION
Source: State Statistics
CROP PRODUCTION
Potato and vegetables
Wheat Corn Potato Sugar beet Sunflowerseeds
Vegetables Barley Soybean Rapeseed Fruit and berries Rye Oat
Production of major crops from 2013 to 2017, mln t30
,9
22,3
22,3
10,8
11,0
9,9
7,6
2,82,4 2,3
0,6 0,5
Grains and legumes
<2 mln t
2-3,4
3,4-4
>4 mln t
4,9
3,92,8
2,3
2,9
3,1
3,0
2,7
2,8
2,9
4,1
4,5
3,9
3,9
3,6
4,2
0,4
1,5
1,2
0,8
1,4
0,7
1,3
1,9
Industrial crops
<1 mln t
1-1,5
1,5-3
>3 mln t
3,7
2,62,1
1,0
1,5
1,3
1,7
1,0
0,6
0,8
0,8
2,2
0,8
2,0
1,4
1,2
0,01
1,1
0,8
0,2
0,8
0,07
0,6
0,6
<1 mln t
1-1,5
1,5-1,8
>1,8 mln t
2,4
1,71,3
2,0
2,3
1,0
0,8
0,7
1,5
0,6
1,6
1,4
1,3
1,8
1,3
0,7
0,8
2,2
1,4
1,2
1,6
0,8
0,5
0,7
14,5
13,7
9,3 8,7
3,9
2,2 2,00,5 0,5
22,2
27,0
24,1
499 mln t
501 mln t
— 2013
— 2017
12
REGIONAL DISTRIBUTION OF CROP PRODUCTION РОСЛИННИЦТВО
Source: State Statistics, USDA, Ukrsugar
CROP PRODUCTION
758 Wheat
1 034 Corn
489 Rice
144 Barley
58 Sorghum24 Oat12 Rye
1
EU
2
India
3
Russia
4
Brazil
5
Ukraine
6
Argentina
7
Canada
8
Australia
9 10
296 30
5
240
144
114 12
711
799
66 61 67 58 57 56 53 34
Top 10 grain producers in the world, mln t 499 mln t
501 mln t
— 2016/17 MY
— 2017/18 MY
200
400
600
800
1 000
1 200
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Corn has been remaining the top crop in the global grain production for over 20 years.
China
501
353
USA
473
431
13
GRAIN PRODUCTION WORLDWIDE, MLN T РОСЛИННИЦТВО
Source: USDA
CROP PRODUCTION
The slant indicates the percentage changein 2017/18 MY compared with 2016/17 MYTop 10
producersTop 10exporters
Top 10importers
USA USA EU371 62 17-4%-4% +12%+12% +10%+10%
+10%+10%
Brazil Argentina Japan83 24 15-16% 0%0%+4%+4%
EU Ukraine South Korea62 19 9,8+1% +7%+7%-11%-11%
Argentina Russia Vietnam33 5,3 9,5-20%
+20%
+12%+12%
India SAR Egypt27 2,1 9,2+4% +5%+5%+17%+17%
Mexico EU Iran27 2,0 8,0-3% +3%+3%-9%-9%
Ukraine Paraguay Colombia24 2,0 5,0
-11%-11%
-14% +6%+6%+11%+11%
Canada Canada Algeria14 1,8 4,4+1% +13%+13%
SAR Mexico Saudi Arabia14 1,3 4,0-22% +18%+18%-13%-13%
China Brazil Mexico216 25 16+11%+11%+26%+26%
-2%
14
BIGGEST CORN PRODUCERS, IMPORTERS, EXPORTERS, MLN T
Source: USDA
CROP PRODUCTION
2,6
0,16
0,21
1,1
0,270,29
1,6
0,18
0,27
2,4
0,860,95
1,5 1,9
0,31
2,90,41
1,6
0,3
1,0
2,9
0,510,38 0,14
up to0,6
0,6–1.2 1.2-2 > 2up to4,5
4,5–6,5 6,5-7,5 > 7,5
Yield,t/ha
7,2
7,8
2,9
7,3
5,46,6
6,0
2,2
6,8
7,5
7,93,5
8,0 5,5
5,2
7,56,8
4,0
6,6
3,2
5,0
3,33,1 3,2
24,1 1 mln t
Corn productionin 2017
5,5 t/ha
Average corn yield
Grain corn yield, t/ha
3,9
5,5
2,5
5,0
7,5
1990 1995 2000 2005 ‘10 ‘11 ‘12 ‘13 ‘14¹ ‘15 ‘16 2017
4,5
Ukrainian corn exports by country, mln $2
444
383
308
251
236
1 056
China
Egypt
Netherlands
Italy
Spain
Other
Harvest,mln t
$ 2,7 bln
Total exportrevenues
15
CORN PRODUCTION IN UKRAINE
Source: State Statistics 1 According to USDA 2 For the first 10 months of 2017/18 MY
CROP PRODUCTION
EU Russia Egypt
China EU Indonesia
India USA Algeria
Russia Canada Brazil
USA Ukraine Bangladesh
Canada Australia Turkey
Ukraine Argentina Japan
Pakistan Kazakhstan Philippines
Australia Turkey EU
152
130
99
85
47
30
27
27
21
21
42
24
23
22
18
16
14
8,5
6,2
1,0
12
11
8,2
6,7
6,4
6,4
6,0
6,0
5,6
5,3Turkey China Mexico
The slant indicates the percentage changein 2017/18 MY compared with 2016/17 MYTop 10
producersTop 10exporters
Top 10importers
+10%+10%
+5%
+1%
+13%
+16%
-25%
-6%
0%
+3%
-39%
+24%
+51%
-14%
-21%
+9%
-3%
-27%
+11%
+16%
0%
+43%
+7%
+3%
-2%
-14%
+14%
+42%
+2%
+5%
+6%
-2%
16
BIGGEST WHEAT PRODUCERS, IMPORTERS, EXPORTERS, MLN T
Source: USDA
CROP PRODUCTION
Wheat yield, t/ha
1
2
3
4
5
1990 1995 2000 2005 ‘10 ‘11 ‘12 ‘13 ‘14¹ ‘15 ‘16 2017
up to0,6
0,6–1.2 1.2-1,7 > 1,7up to4
4–4,5 4,6-5,4 > 5,4
1,7
1,2
0,55
0,090,29
0,73
0,94
0,78
1,0
1,12,2
1,3 0,74
0,20
0,900,470,69
0,90
1,6
1,8
0,97
2,31,4 2,1
5,13,3
5,2
3,5
3,9
4,9
5,1
5,54,7
5,9 3,7
5,1
4,74,6
3,4
3,5
3,6
3,93,5 3,3
4,5
4,0
4,3
4,0
Ukrainian wheat exports by country, 2017/18 MY, $ mln
375
334
246
173
171
1 532
Indonesia
Egypt
Bangladesh
Spain
Philippines
Other
4,04,1
2,7
Yield,t/ha
Harvest,mln t
27,0 1 mln t
Wheat productionin 2017
4,1 t/ha
Average wheat yield
$ 2,8 bln
Total export revenues
17
WHEAT PRODUCTION IN UKRAINE
Source: State Statistics 1 According to USDA
CROP PRODUCTION
The slant indicates the percentage changein 2017/18 MY compared with 2016/17 MYTop 10
producersTop 10exporters
Top 10importers
+10%+10%
59,1
20,2
8,9
8,7
7,9
6,4
3,7
3,3
3,1
2,1
6,5
5,7
5,6
4,3
2,5
1,3
1,2
0,2
0,1
0,1
8,2
7,7
3,0
1,2
0,7
0,5
EU
Russia
Australia
Ukraine
Canada
Turkey
Argentina
Kazakhstan
USA
Ethiopia
Australia
EU
Russia
Ukraine
Argentina
Canada
Kazakhstan
Moldova
USA
Uruguay
China
SaudiArabia
Iran
Japan
Jordan
EU
+1%
-9%
+27%
0%
-14%
+20%
-1%
+13%
-52%
-14%
-11%
+27%
+11%
+3%
-39%
+5%
-42%
0%
+36%
-23%
-8%
+10%
+31%
+7%
+8%
0%
0,5
0,5
Algeria
Libya
-100%
0,6
0,6
Tunisia
Brazil
+17%
-17%
0%
18
BIGGEST BARLEY PRODUCERS, IMPORTERS, EXPORTERS, MLN T
Source: USDA
CROP PRODUCTION
Wheat yield, t/ha
1990 1995 2000 2005 ‘10 ‘11 ‘12 ‘13 ‘14¹ ‘15 ‘16 2017
up to350
350–600 600-1000 >1000up to3
3,1–3,5 3,6-4,5 > 4,5
469
354
103
12122
220
114
256
144
533489
456 190
78
80194106
323
488
682
305
1 268770 530
4,4
3,4
3,0
3,5
2,84,6
3,5
2,5
4,9
3,9
5,13,5
5,1 3,5
4,0
4,24,1
2,7
2,6
2,7
3,3
3,52,7 2,6
Ukrainian barley exports by country, 2017/18 МY, mln $
264
43
25
21
16
273
Saudi Arabia
Libya
Turkey
Israel
Algeria
Other
Yield,t/ha
Harvest,thou. t
8,7 1 mln t
Barley productionin 2017
3,3 t/ha
Average barley yield
$ 641 mln
Total export revenues
3,4 3,3
19,7
1
2
3
4
19
BARLEY PRODUCTION IN UKRAINE
Source: State Statistics 1 Accordingto USDA
CROP PRODUCTION
1 2 3 4 5 1 2 3 4 5
Top 5 oilseed crops producers, mln t Top 5 oilseed crops exporters, mln t116,0 mln t
116,1 mln t
— 2016/17 MY
— 2017/18 MY
7663 5859
17166,1 6,3 4,94,1
Brazil USA Canada Paraguay Ukraine
131
127
123
118
3437
USA Brazil
6057
China
4260
Argentina India
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
19 Palm kernel45 Cotton seeds45 Peanut
337 Soybean
47 Sunflower seeds50
100
150
200
250
300
350
400
The world has witnessedthe continuous increasein soybean production overthe past 50 years.
OILSEED CROPS PRODUCTION WORLDWIDE, MLN T
20Source: USDA
CROP PRODUCTION
What is high-oleic sunflower
Fat composition in cooking oils, g per 100 g
High-oleic (HO) sunflower is a type a sunflower which contains over 82% of Omega-9 oleic acid (monounsaturated fatty acid) and a low concentration of Omega-6 linoleic acid(polyunsaturated fatty acid). The concentration of oleic acidin HO sunflower oil exceeds that of olive oil.
HO sunflower oil consumption lowers the riskof cardiovascular disease through reductionin the ration of trans fats and saturated food.
The oil has higher resistance to heatand does not require extra hydrogenation.
The shelf life of HO sunflower oil is 5 timeslonger than that of other oils.
HO sunflower oil is resistant to oxidation, whichmakes it suitable for cooking at high temperatures.
Benefits of HO sunflower oil
HO sunflower oil productionin Ukraine, thou. t
255
315
630
490
2014/15 2015/16 2016/17 2017/18
HO sunflower oil exportsby country in 2016/17 МY, %
HO sunflower seeds yield in Ukraine, t/ha
2014/15 2015/16 2016/17 2017/18
2,6
2,32,5 2,4
10%Other
16%Netherlands
16%Great Britain
13%Italy
12%Spain
8%France
7%Malaysia
6%Iran
4%China
2%UAE
6%India
Ukrainian HO sunflower oil export,thou. t
Exportsto Europe73%
2017/18
180
2016/17
226
2015/162014/15
6180
70%73%93%73%
100 g
201169 Sunflower oil
84124 HO sunflower oil
731411 Olive oil
63728 Canola oil
461732 Peanut oil
301555 Corn oil
231658 Soybean oil
Monounsaturated fats (including oleic oil) Saturated fatsPolyunsaturated fats
21
MARKET OF HIGH-OLEIC SUNFLOWER
Source: High-Oleic Club, USDA
CROP PRODUCTION
The slant indicates the percentage changein 2017/18 MY compared with 2016/17 MYTop 10
producersTop 10exporters
Top 10importers
+10%+10%
Russia China EU
Ukraine EU Turkey
EU Moldova Pakistan
Argentina Kazakhstan Iran
China Serbia USA
Turkey Ukraine Bosnia andHerzegovina
USA Russia China
Kazakhstan USA Egypt
SAR Argentina SAR
10,4
13,7
9,7
3,5
3,1
1,5
1,0
0,9
0,8
0,7Serbia
0,3
0,6
0,2
0,2
0,2
0,1
0,1
0,07
0,07
0,06Turkey
0,5
0,7
0,1
0,1
0,09
0,08
0,07
0,07
0,07
0,05Russia
-10%
-5%
+13%
0%
+3%
+15%
-17%
+13%
-11%
0%
+50%
0%
-20%
0%
0%
-50%
-75%
-13%
0%
+20%
-29%
+17%
-33%
0%
+13%
0%
-30%
+17%
+75%
-50%
22
BIGGEST SUNFLOWER SEEDS PRODUCERS, IMPORTERS, EXPORTERS, MLN T
Source: USDA
CROP PRODUCTION
Sunflower seeds yield, t/ha
1990 1995 2000 2005 ‘10 ‘11 ‘12 ‘13 ‘14¹ ‘15 ‘16 2017
up to300
300–600 600-900 >900up to1,8
1,8–2,2 2,3-2,6 > 2,6
726
556
248
777
397
566
74
516
2341 103
456 505
44
4686740
1 092
499
1 203
731
904876 866
2,9
2,5
1,7
2,3
2,22,4
2,4
1,6
2,1
2,6
2,92,3
3,0 2,5
2,5
2,42,7
2,0
1,4
1,9
2,4
2,01,6 1,5
Ukrainian exports by country, for the first 10 months of 2017/18 МY, mln $
Sunflowerseeds Sunflower meal, press cake and other solid waste
Yield,t/ha
Harvest,thou. t
13,7 1 mln t
Sunflower seedsproduction in 2017
2,0 t/ha
Average sunflowerseeds yield
4,5
2,3
1,3
1,3
0,8
5,7
Italy
Netherlands
Germany
Romania
Georgia
Other
113
103
75
75
70
369
France
Belarus
Poland
Spain
Turkey
Other
1,6
2,0
1,5
0,5
1,0
1,5
2,0
2,5 16 mln$ 804 mln
$
23
SUNFLOWER SEEDS PRODUCTION IN UKRAINE
Source: State Statistics 1 According to USDA
CROP PRODUCTION
The slant indicates the percentagechange in 2017/18 MY comparedwith 2016/17 MY
Top 10producers
Top 10exporters
Top 10importers
-10%-10%
USА 76 96
Brazil 57 14
Argentina 6,2 4,6
China 5,5 3,3
Paraguay 3,1 3,2
India 2,8 3,1
Canada 2,5 2,7
Ukraine 0,5 2,6
Russia 0,3 2,6
120
120
37
14
10
8,4
8,0
3,9
3,6
2,6EU 0,2
Brazil
USА
Paraguay
Canada
Argentina
Uruguay
Ukraine
Russia
India
EU 2,3
China
EU
Mexicо
Japan
Thailand
Egypt
Indonesia
Turkey
Taiwan
Iran
+2%
+4%
-33%
+10%
-2%
-23%
+21%
-9%
+16%
+8%
+20%
-2%
+2%
+20%
-56%
-10%
-14%
+25%
0%
0%
+3%
+5%
+12%
+7%
+48%
+4%
+13%
-0%
+21%
+3%
24
BIGGEST SOYBEAN PRODUCERS, IMPORTERS, EXPORTERS, MLN T
Source: USDA
CROP PRODUCTION
291
82
0,45
356
2765
294
0,26
133
272
20964
472 207
109
225161
179
348
8
316
2219 41
up to120
120–250 250-350 > 350up to1,5
1,5–2 2,1-2,8 > 2,8
Yield,t/ha
2,0
2,2
0,4
2,4
3,72,5
1,7
0,5
2,3
1,9
2,61,1
2,5 1,6
1,8
2,12,5
1,1
3,0
1,2
5,0
2,11,1 2,6
3,9mln t
Soybean productionin 2017
2,0 t/ha
Average soybeanyield
Soybean yield, t/ha
1990 1995 2000 2005 ‘10 ‘11 ‘12 ‘13 ‘14¹ ‘15 ‘16 2017
Ukrainian soybean exports by country, mln $1
273
127
103
100
84
315
Turkey
Iran
Egypt
Belarus
Netherlands
Other
Harvest,thou. t
$ 1,0 bln
Total export revenues
0,5
1,0
1,5
2,0
2,5
1,1
2,01,6
25
SOYBEAN PRODUCTION IN UKRAINE
Source: State Statistics 1 For the first 10 months of 2017/18 MY
CROP PRODUCTION
The slant indicates the percentagechange in 2017/18 MY comparedwith 2016/17 MY
Top 10producers
Top 10exporters
Top 10importers
-10%-10%
EU
Japan
Mexicо
Pakistan
USА
UAE
Turkey
Bangladesh
22,1
0,6Belarus
11,0
2,3
2,0
0,3
0,1
0,08
0,06
0,05
0,04
0,03
Canada
Australia
Ukraine
Russia
EU
USА
Kazakhastan
Moldova
Argentina
Paraguay
2,5
1,9
1,2
0,9
0,8
0,2
0,1
0,1Iran
+8%
Australia 3,7-10%
Ukraine 2,2+83%
Russia 1,5+50%
USА 1,40%
Japan 4,00%
+100%
-1%
-56%
+100%
329%
-75%
-20%
+20%
+25%
0%
0%
+4%
+27%
0%
EU 4,20%
+29%
0%
0%
-33%
0%
China 14,4-1%
Canada 21,5+10%
India 5,8-18%
China 4,7+12%
26
BIGGEST RAPESEED PRODUCERS, IMPORTERS, EXPORTERS, MLN T
Source: USDA
CROP PRODUCTION
187
99
40
68
099
76
0
176
46
15646
161 82
25
9861
86
129
128
30
26171 58
up to65
65–150 150-250 > 250up to2,5
2,6–2,9 3-3,2 > 3,2
Yield,t/ha
3,1
3,5
2,7
2,9
03,0
2,7
0
3,1
3,5
3,12,5
3,1 2,7
2,6
3,23,6
2,4
2,5
2,5
3,3
2,32,3 2,3
2,2 mln t
Rapeseed productionin 2017
2,8 t/ha
Average rapeseed yield
Rapeseed yield, t/ha
1990 1995 2000 2005 ‘10 ‘11 ‘12 ‘13 ‘14¹ ‘15 ‘16 2017
Harvest,thou. t
Ukrainian rapeseed exports by country, 2017/18 MY, mln $
238
191
177
72
45
153
Netherlands
Germany
Belgium
Pakistan
France
Other
$ 876 mln
Total export revenues0,5
1,0
1,5
2,0
2,5
3,0
1,5
2,8
1,7
27
RAPESEED PRODUCTION IN UKRAINE
Source: State Statistics
CROP PRODUCTION
Top 10 organic agricultural companiesof Ukraine, thou. ha
15,8
8,8
7,5
6,0
5,6
4,0
3,5
3,2
2,8
2,7
Arnika
Galeks Agro
Agroekologia
AgroInvest —Natural products
UkrBioLand
EthnoProduct
Ritter Bio Agro
Zhiva Niva
Cepheus Group
Svarog West Group
57,8 mln haThe total areaof organic landin the world
≈1%of Ukrainian landis covered by organicfarming
426operators in the organicmarket, 294 of them areagricultural enterprises
20Ukrainian companies took partin the world's leading Trade Fairfor Organic Food BioFach 2018
381 thou. haThe total areaof organic landin Ukraine
11th placeThe place of Ukrainein Europe basedon the area of organicfarmlands
up to 5 5–10 1-30 > 30
Certified organic farms
Farms owning landsin the transition period
Organic land, thou. ha8
The total number of operatorsof organic production
0Luhansk
36Kyiv
28Odessa
17Kherson
14Zhytomyr
13Vinnytsia
13Khmelnytskyi
12Chernihiv
11Kirovograd
10Poltava
3Sumy
6Cherkasy
5Mykolaiv
11Lviv
3Zakarpattia
3Іvano-Frankivsk
3Ternopil
3Chernivtsi
8Rivne
7Dnipropetrovsk
7Zaporizhia
2Donetsk
6Volyn
18Kharkiv
28
ORGANIC PRODUCTION IN UKRAINE
Source: Latifundist.com
CROP PRODUCTION
PlumApple Nuts Apricot Sweet cherry Peach Other
201
184
1 07
6
1 21
1
172
201
165
169
10911
6
87
135
71815571
2037
197
217
Fruit and berries production from 2013 to 2017, thou. t 499 mln t
501 mln t
— 2013
— 2017
Area,thou. ha
Production,mln t
Yield,t/ha
1995
Cucurbits
1995 2000 2005 2010 2017
8970
6,3
5,6
434497
434mln t
Fruit and berries
2000 2005 2010 2017
637
199
3,0
10,3
1,92,0
2,0mln t
Grapes
1990 2000 2010 2017
41
143
410
836
9,9
5,8
410mln t
Sourcherry
Pear Garden andwild strawberry
Nichecrops
29
FRUIT AND BERRY PRODUCTION IN UKRAINE
Source: State Statistics + our own calculations2014-2017 — excluding data from the temporarily occupiedterritories of the Crimea and the United forces operation
CROP PRODUCTION
Onion BeetCucumberTomato
Vegetable and niche crops production, mln t 499 mln t
501 mln t
— 2013Nichecrops — 2017
2,3
2,1
22,2
22,3
1,7
2,1
1,0
1,0
0,91,0
0,80,9
0,8
0,6
0,9
0,6
0,5
Vegatable production, thou. tPrivatefarms
Agriculturalenterprises26
2,9
26
23 7,6
6
29
61,5
179163
521 311
246278
168,3
6 77
7
56 339
499
679
22
81
12
0,3
184
213
113
604
5
388
547
207206
230
234
214465
255224
477
3,61,4
227164258
258
Potato Courgette
0,5
21 t/haAverage yieldin 2017
Vegetable exports, mln $
3,23,0
0,90,6
0,3
0,8
Belaru
s
Polan
d
Lithu
ania
Germ
any
Roman
iaOth
er
1,1
0,3
Cabbage Pea Carrot Pumpkin
VEGETABLE PRODUCTION IN UKRAINE
30Source: State Statistics + our own calculations
CROP PRODUCTION
Niche crops production, thou. tContinued
499 thou. t
501 thou. t
— 2013
— 2017
Exports and imports of niche crops in 2017, mln $
1,01,0
2,82,8
1,11,1
0,070,07
0,060,06
0,40,4361,91,9
21,6
1,51,5 2,72,7
0,060,06
0,010,012,22,2
0,270,27 0,020,02
0,0010,001
1,81,8
0,380,38
19,4
360,130,13
16,5
1,21,2
5,7
0,200,20
0,090,09
0,030,03
1,11,1
0,480,48
Export
Import
CabbagePeasCarrot
and turnipPumpkinSorghum Garlic CherryPear BeansWild andgarden
strawberryMushroomsFlax Mustard Chickpea CurrantLentil
0,0010,001
0,480,48 0,410,41 0,400,40
820 thou. ha
Niche crops area
199
354
Sorghum
186
186
Garlic
17220
1
Sourcherry
16516
9
Pear
6426
Beans
5571
Garden andwild strawberry
24 46
Сrownflax
3130
Mustard
4 30
Chickpea
2727
Currant
51
Lentil
31
NICHE CROP PRODUCTION IN UKRAINE
Source: State Statistics + our own calculations
CROP PRODUCTION
HTC1 change in 1991-2017 compared to 1961-1990
1990 1995 2000 2005 2010 2011 2012 2013 2014 2015 2016 2017
Irrigated area, mln ha
0,5
1
1,5
2
2,5
3
Planned
Irrigated
2,5
2,3
2,5
1,9
2,4
0,9
2,2
0,6
2,2
0,6
2,2
0,5
Causes of irrigation decrease in Ukraine
Low energyefficiency
Flawedlegislation
Fragmentationof land plots
No guaranteesin inviolabilityof property rights
60%of arable landneed irrigation
Rates and reasons of irrigation decreaseby area in Ukraine since 1992, thou. ha
4,5
1,5
The sum required to increasethe irrigation area to 1,2 mln hаaccording to the project for irrigationand drainage improvement by 2030
Annual losses Ukraine suffers frominsufficient irrigation
Lack of sprinklerirrigation technology
Poor machineryconditions
Area irrigatedin 2017
Completely ruinedirrigation systems
Violated technologicalintegrity of irrigationsystems
used to beirrigatedin 1992
2,6mln ha
925
660
400
122
475 18%
1 Hydro-thermal Coefficient of Selyaninov — shows what partof evaporation is compensated by precipitation. The lowerthe HTC is, the drier the area is.
Some improvements
No change
Minor deterioration
Considerable deterioration
$bln
$bln
32
IRRIGATION IN UKRAINE
Source: Latifundist.com, AgroPolit.com2014-2017 — excluding data from the temporarily occupiedterritories of the Crimea and the United forces operation
CROP PRODUCTION
The geographic zones will change, extreme weather will hit moreoften with sever cold followed by sudden thaw in winter and increasednumber of extra hot days in summer. Droughts and floods will beoccurring more often and become more intense in nature.
The number of the major1 natural disasters in the world
●Geological events:earthquake, tsunami,volcanic activity
●Hydrological events:floods, landslides
●Meteorological events:cyclones, storms
●Climate phenomena:extreme temperatures,droughts, wildfires
By 2100, the sea levels of the Black Sea and the Sea of Azovare expected to rise by 0,22-1,15 m. If the sea level increasesby a meter, around 10 thou. ha of land will be destroyedand 19 thou. ha will be covered by water.
Sea level changes, mm
Reconstructedsea level
Mean sea level(measured via satelites)
-2001880 1900 1920 1940 1960 1980 2000 2020
-160
-120
-80
80
-40
40
01990
Despite the general increase in precipitation, there will be a minorincrease in precipitation in the southern parts with fewer but moreintensive rains. As a result, precipitation deficiency will become moreacute and spread to northern and central regions.
1 Hydro-thermal Coefficientof Selyaninov — shows what part of evaporation is compensated by precipitation.
HTC1 forecast for 2031–2050 0,4–0,7
0,7–1,0
1,0–1,2
1,2–1,8
> 1,8
Natural disasters Sea level rise
100
200
300
400
500
600
700
800
2000 ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17
Precipitation
Semidesert
Steppe
SemisteppeTemperateforest
30-100% accelerated photosynthesis. Worsened crop qualitydue to lower content of nitrogen and protein.
CO2 impact on crop yields
Wheat Barley
Sunflower seeds Rice
Soybean
Corn Sorghum
Sugar beet Millet
Increasedyields
Decreasedyields
Wheat
+0,5 ˚С
+1,0 ˚С
Sunflower seeds Rapeseed
-25% -15% -5% 5% 15% 25%
The effect of warmingon agriculture is manifold.A minimal temperature increase may improve yields in the places with a temperate climate, whileextreme increase may resultin poor yields.
Expected yieldchange comparedto 2010
Weather impacton crop yields
33
EFFECTS OF CLIMATE CHANGE
Source: Vulnerability of Ukrainian Forests to Climate Change Sustainability 2017, Munich Re NatCatSERVICE,Impact of Climate Change on Wheat Production in Ukraine, European Environment Agency,Ukrainian Journal of Remote Sensing (Ukrainskyi zhurnal dystantsiinogo zonduvannia Zemli) 8 (2016) 51-85
CROP PRODUCTION
UKRAINIAN AGRIBUSINESS
ANIMALPRODUCTS
Regional livestock structure in 2017
Goatsand sheep
<50 50-80 141 344 thou. head
1,3 mlnhead
280-450<150 150-280 >450 thou. head
Rabbits
4,8 mlnhead
Cows
2,0 mlnhead
<55 55-80 80-120 >120 thou. head
Cattle
3,5 mlnhead
<120 120-180 180-220 >220 thou. head
<8,0 8,5 18,5 >20,0 mln head
Poultry
204,8mlnhead
<150 150-280 280-450 >450 thou. head
Pigs
6,1 mlnhead
Livestock by farm types,mln head
0% 0%25% 25%50%
1,2 2,4Cattle
3,3 2,8Pigs
0,19 1,1Sheep and goats
112 92Poultry
Agriculturalenterprises
Privatefarms
Production of major animalproducts per capita
1990
472
84
314
2000
257
34
179
52mln
49mln
451
mln
2017
Milk, kg
Population of Ukraine
Meat, kg
Eggs, pcs
242
55
365
5
10
15
20
25
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2017
3,7 Cattle
6,7 Pigs
1,3
Total number of livestock, mln head
Goatsand sheep
35
ANIMAL HUSBANDRY IN UKRAINE
Source: State Statistics
ANIMAL PRODUCTS
Regional breakdown of meetproducts in 2017, thou. t
Horsemeat
<0,4 0,4-1,0 1,0-1,9 >1,9 thou. t
8,4 thou.t
1,0-2,0<0,4 0,4-1,0 >2,0 thou. t
Mutton andgoat meat
13,5 thou.t
Rabbitmeat
12,2 thou.t
<0,4 0,4-0,6 0,6-0,9 >0,9 thou. t
<20 20-35 35-50 >50 thou. t
Pork
736 thou.t
Pork
Production, imports and exports, thou. t
Beefand veal
0,2 12,3
364
5,6 4,9
736 Mutton andgoat meat
0,01 0,2
14 Production
Export
Import
16-20<10 10-16 >20 thou. t
Beefand veal
363 thou.t
Top 10 meat producing companies
45,5% 57,4MyronivskyHliboproduct APK-Invest
8,6% 53,4Agromars Complex Danosha
5,1%APK-Invest
30,7Niva Pereiaslivshyny4,0%
34,0Globyno PigBreeding Complex
Agro-Oven
4,0% 26,8AgroprodservicePoultry Complex
Dniprovskiy
2,8%
15,6BahmutAgrarian Union
Volodymyr-VolynskaPoultry Farm
2,6%
20,0Halychyna Zahid
Globyno MeatProcessing Plant
1,5%
10,2AgroindustrialCompany
Pan Kurchak
1,1%
11,0Barkom
Ular
1% 5,1EcomeatAgroRos
Meat producers,market share, %
Pork producers,thou. t, liveweight
36
MEAT PRODUCTION IN UKRAINE
Source: State Statistics, Latifundist.com
ANIMAL PRODUCTS
up to 600 600–1000 1000-2000 >2000
946
202
588
88
688
359353
2 833556
383
483555
1 308 642
320
289616
440
1 025
845
746
306253 682
Eggs,mln units
up to 50 50–120 120-250 >250
277
12,2
9,7
5,714,3
14646,5
14,7
8,335,6
1,511,8 255
11,7
2,521,9
10,0
3,3
206
5,9
2,46,2 12,2
Poultry meat,thou. t
64,8
Top 10 importers of eggs by country, thou. t
UAE Iraq Qatar SierraLeone
Liberia Moldova Libya Turkey Latvia Oman
38,5
16,56,8 4,3 3,9 3,7 2,7 1,7 1,6 1,5
Top 10 importers of poultry meat by country, thou. t49,6
Egypt
39,1
Netherlands
28,9
Iraq
16,9
Azerbaijan
13,9
UAE
12,4
Hong Kong
10,1
Georgia
10,0
Slovakia
9,3
Germany
8,6
Vietnam
Production, exports, and importsof poultry products, thou. t
Eggs
5,7 89
850Poultrymeat
118 271
1 185Production
Export
Import
Poultry statistics by breed variety,mln heads
10,9 Ducks
4,1 Geese
1,9 Turkey
1,1 Other
187Hens and roosters
Exports of poultry products, thou. t
271
89
3,52011 2012
50
100
150
200
250
300
2013 2014 2015 2016 2017
Poultry meatand edible subproducts
Without shells
Poutry eggswith shells
POULTRY PRODUCTION IN UKRAINE
37Source: State Statistics, State Fiscal Service of Ukraine
ANIMAL PRODUCTS
Top 10 milk producing companies by market share, %
Milkprocessingcompanies
Producers of dairyand milk-containingproducts
2,8%PrydniprovskyiCombine 2,6%Ternopil Dairy
Factory
3,5% 2,7%PrydniprovskyiCombine
Alliance
Wimm-Bill-DannUkraine 3,9% 3,7%Lactalis Ukraine
4,4%ZhytomyrButter Plant 4,4%Wimm-Bill-Dann
Ukraine
5,1%Lustdorf 4,5%Alliance AndrushivskyiDairy Plant
5,9%Almira 4,9%Danone Ukraine
6,1%Danone Ukraine 5,2%Lustdorf
7,1%Milk Alliance 7,7%Milk Alliance
8,6%Roshen 9,2%TERRA FOOD
10,2%TERRA FOOD 9,6%Roshen VinnytsiaDairy Plant
125851
413
206
125
575
324463
437529
416
451530
597 507
282
548433
305
293
300
793
349342 261
up to 320 320–500 500-600 > 600
Milk production,thou. t
Milk andcream
0,8 14
Dry andcondensedmilk
1,7 47
96Milkwhey
1,4 32
62
Other
3,9 16
533
Production, exports, and importsdairy products, thou. t
Production Export Import
10
Cheese
9
190
0,8
Butter
30
108
1 00010,4 mln t
Total productionof raw milk
38
MILK AND DAIRY PRODUCTION IN UKRAINE
Source: State Statistics, Ukrmolprom
ANIMAL PRODUCTS
ExportImport
Export of fish and fish products, thou. t Structure of water bioresourcesproduction by types of reservoirs, thou. t
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014¹ 2015¹ 2016¹ 2017¹
Otherbioresources
Fish
Types of water bioresources, thou. t
39,5Freshwater fish
43Maritime economiczone of Ukraine
15Reservoirs
8Maritimeeconomic zoneof other countriesand the open sea
4Riversand lakes
24Ponds andother waterresources
13,9Migratoryfish
10,8Other waterbioresources
28,5Ocean and sea fish
Water resources production, thou. t
Annual consumption of fish and seafood in Ukraine,kg per capita
81,9
10,8
8,4
14,4 14,5 14,6
11,1
8,6 9,6
10,8
2000 2005 2010 ’13 ’14 ’15 ’16 2017
Top 5 bioresources by volume of production, thou. t
23,0
13,29,4 9,1 9,0
Goby Sprat Carp Silver carp European carp
253 0,7
Frozenfish
21 3,0
Fish filletand otherfish meat
3,6 0,5
Dried, salted,or smoked fish
0,005 0,23,1 0,5
ShellfishLive fish
3,2 0,02
Crustaceans
12 0,5
Fresh orchilled fish
FISHING INDUSTRY OF UKRAINE
39Source: State Statistics
ANIMAL PRODUCTS
Top 10 Ukrainian feed producersin 2017, market share, %
57,4%Other
25,3%MyronivskyHliboproduct
6,5%UkrLandFarming
6,4%UkrainianGrain
2,2%Poultry ComplexDniprovskiy
2,0%Volodymyr-VolynskaPoultry Farm
1,7%NivaPereyaslavshchiny
4,8%OvostarUnion
3,4%AgromarsComplex
2,9%APK-Invest
2,2%Agro-Oven
5,2
12,3
4,1
7,4
5,6
3,8
13,6
6,3
15,0
7,4
14,3
8,7
13,6
3,0
5,4
5,1
12,7
15,2
4,3
4,5
5,7
15,1
14,214,2
4,6
5,2
4,9
5,2
14,4
6,0
16,6
3,0
3,3
11,9
4,6
13,43,9
4,7
15,214,1
13,8
14,4
14,9
14,5
12,0
14,4 15,4
13,6
Amount of feed neededto produce a centnerof livestock, centner
Cattle Pigs
Centner
121416
108
6
4
3
Vinnytsia
Volyn
Donetsk
Zhytomyr
Zakarpattia
Ivano-Frankivsk
Kyiv
Kirovograd
Luhansk
LvivPoltava
Sumy
Ternopil
Kharkiv
Kherson
Khmelnytskyi
Cherkasy
Dnipropetrovsk
Chernivtsi
Chernihiv
Odessa
Mykolaiv Zaporizhia
Rivne
6 mln tons of feed wasproduced in 2017. Pig feed production droppedby 13%, poultry feed —by 0,5%. Cattle feedproduction increasedby 3,5%
40
PRODUCTION AND USE OF COMPOUND FEEDSTUFF
Source: State Statistics, Latifundist.com
ANIMAL PRODUCTS
Top 10 importers of Ukrainian honey, thou. t
4,2Vinnytsia
0,3Volyn
7,9Zhytomyr
0,9Zakarpattia
2,0Ivano-Frankivsk
1,2Kyiv
3,9Kirovograd
2,3Luhansk
1,0Lviv 3,1
Poltava
3,1Sumy
1,3Ternopil
3,1Kharkiv
3,6Khmelnytskyi
1,9Cherkasy
4,5Dnipropetrovsk
0,8Chernivtsi
1,2Chernihiv
0,8Rivne
4,5Zaporizhia
1,3Kherson
5,1Donetsk
2,0Odessa
5,8Mykolaiv
— 20 thou. colonies
Honey production, thou. t
Dynamics of honey production, thou. t
271 269
183146 134 121 110 105 90 77
China New Zealand Argentina Germany Ukraine Brazil Spain Mexico Hungary Belgium
TOP-10 honey exporters worldwide, mln $
1960 ‘70 ‘80 ‘90 ‘95 2000 ‘10 ‘17
4236 33
51
6352
71 66
16,6Germany
10,7Poland
3,8Belgium
3,2Spain
2,7Turkey
5,4France
14,9USA
1,6Denmark
1,4Italy
1,0Hungary
6,4Other
up to 2,2 2,2–4.0 4,0-6,0 >6,0
1 2 3 4 5 6 7 8 9 10
BEEKEEPING IN UKRAINE
41Source: State Statistics, Minagroprod, Worldstopexporters
ANIMAL PRODUCTS
UKRAINIAN AGRIBUSINESS
PROCESSEDFOODS
1 00014
Milkand cream
2480
Sausageproducts
13746
Vodka, mln l
Margarine 14117
284140Confectionery 108
30Butter
Cheese 1909
1 000101
Bread andbakery products
1 900444Flour
42977Juice
86—
Cognac, brandy,liqueurs, mln l
7365Pork
2 1002
680 Sugar
1688
Tinnedvegetables
15230
Soucesand spices
43
Fruit preserves,jam, marmalade
1 818113Beer
3 7153 939 — Export, thou. t
— Production, thou. t
Export,50 thou. t
Production,50 thou. t
—
—
Sunflower oil 5 9001
5 300
43
BASIC FOOD PRODUCTION, THOU. T
Source: State Statistics
1 USDA2 Ukrsugar
Excluding data from the temporarily occupied territoriesof the Crimea and the United forces operation
PROCESSED FOODS
71
2316 15 14 12 10
6,9 6,4 6,1
Major importers of Ukrainian sugar, mln $Top 10 producers of sugar in Ukraine 2017, thou. t
Astarta-Kyiv
3 100463
RadekhivSugar
3 000433
UKRPROM�INVEST�AGRO
1 600241
AspikGroup
53086
53086
GnidavaSugar
Refinery
52166
Teofipol SugarRefinery
50965
Panda
40556
Illinets SugarRefinery
27039
Svitanok
4421
103
Gals Agro
1951
49
Number of sugarprocessing plants
Production of sugar
Production of sugar beet
up to 30 30–45 45-60 >60
Sugar beetyield, t/ha
Sugar productionper 1 mln tonsof beet, thou. t
Numberof sugarprocessingplants
2011 2012 2013 2014 2015 2016 2017
3646
Sugar beet yieldand sugar production,mln t
147123
18,7
14,5
2,3 2,1
769thou. t
560thou. t
2017/182016/17
Sugar exports,2017/18 MY,thou. t
92017
17
42
67
47
76
4147
42
54
68
37
22
10 11 12 12018
2 3 4 5 6 7 8
Sugar beet yield,t/ha
Sugar content, %
16,0
17,018,0
74 16,6%
36 16,9%
4117,7%
— yield, t/ha— sugar content, %
4117,7%
3816,0%
4115,7% 42
16,7%
49 16,6%
40 16,6%48
17,2%
51 16,6%
54 16,4%
55 17,7%
56 16,7%
36 16,1%
50—
52—
41—
40—
21—
40—
77
46
Uzbekistan Turkey Libya Azerbaijan Sri Lanka Great Britain Switzerland Georgia Tajikistan Armenia
September/July 2017/2018 MY
SUGAR PRODUCTION IN UKRAINE
44Source: Latifundist.com 1 Produced by one refinery
PROCESSED FOODS
1,2
1,92,1
1,7
2,6 2,62,9
4,3
3,6
4,84,4
5,0
6,45,9
2004/0
5
2005
/06
2006/
07
2007
/08
2008/
09
2009/
10
2010
/11
2011
/12
2012
/13
2013
/14
2014
/15
2015
/16
2016
/17
2017
/18
2000 2005 2010 2013 2014 2015 2016 2017
9,4
13,514,8
13,3 13,112,3
11,7 11,7
Annual oil consumption in Ukraine, kg per capita
Refinedsunfloweroil
Top oil producers by market share, %
Production of sunflower oil, mln t
18,1%
17,4%
14,6%
9,3%
9,1%
5,0%
8,6%
Kernel
Dnipropetrovsk Oil Extraction Plant
Delta Wilmar CIS
Stavchansk Refiningand Deodorization Plant
Svetlovodsk oil extractionplants (Viktor & K and Hydrosend)
Ukroilproduct
Zaporizhia OFP
ВВВВ
Pology Oil Extraction Plant
Vinnytsia IndustrialCompany
Other
5,5%
5,1%
4,2%
3,1%
23,7%
23,4%
11,7%
6,0%
5,9%
2,8%
13,7%
Astrta-KyivSoybean processing plant in Globyno
MHPKaterynopilsky Elevator
Pology Oil Extraction Plant
Oliyar, Stavchansk Refiningand Deodorization Plant
Greenstone ProteinProduction
PromTechAgroTorg
Thegra Ukraine LTD
Vidrodzhennia
YukonAgro
ViOil, Vinnytsia OFP
5,9%
4,3%
1,3%
1,3%
Rapeseed oil
Other
Soybean oil
33,8%
33,4%
19,1%
6,7%
2,3%
2,1%
0,8%
0,7%
1,2%
Oliyar, StavchanskRefining and Deodorization Plant
ADM Illichivsk
Oil Extraction PlantGradolit
Zahid-Agroinvest
Nizhyn Fat Combine
Yasensvit
Krasnogirskyi OilExtration Plant
Other
ViOil, Vinnytsia OFP
OIL PRODUCTION IN UKRAINE
45Source: Latifundist.com, State Statistics, USDA, Agrochart
PROCESSED FOODS
177
1 80
0
229
7870
53 51 41
23 19 19
8812
314
7
65
4737
Sweetcookies
Wafers andwaffles
Chocolate barsChocolatesweets
Boiled sweetsHard candy,toffy
Confectionary made ofsugar or sugar substitute
and cacao
Chewing gums,fruit jelly andpâte de fruits
Bread andbakery
499 thou. t
501 thou. t
— 2011
— 2017
1 10
0
Export and import of bread and confectionery, mln $Annual bread and confectioneryconsumption, kg per capita
101Bread and pasta
6,5 Waffles andhard candy 6,0 Pastry 2,5
Candies
Rusk,crouton etc
Cacao-freeconfectionery Pryanik CrispbreadBiscuits Other
Wafers andwaffles
Chocolate andother productscontaining cacao
Export
Import
152
92
113
36
68
8,48,43636 6,16,1
2525 8,78,7 3,53,5 0,020,02 3434
3,03,0 0,50,5 0,20,2 2222
Production of breadand confectionery, thou. t
BREAD AND CONFECTIONERY
46Source: State Statistics
PROCESSED FOODS
Correspondence between actual daily consumptionin 2017 and consumption rates, g per capita
Ukraine's ranking in GlobalFood Security Index
Advantages85,6Ireland
84,6USA
84,2Great Britain
54,1Ukraine
54,0Vietnam
25,1Burundi
1 place Points
Points
2 place
3 place
63 place
27 place
46 place
45 place
64 place
62 place
113 place
74,1
63,0
63,7
Poland
Belarus
China
Low proportion of populationunder global poverty line
Food safety
Food loss
Agricultural import tariffs
Volatility of agriculturalproduction
Presence of food safety netprogrammes
99,9
96,8
90,4
86,4
83,6
75,0
Disadvantages
Corruption
Gross domestic product per capita(US$ PPP)
Public expenditureon agricultural R&D
Political stability risk
0,0
$ 5,3
12,5
23,5
54,8DominicanRepublic
2 659 Household with children
2 871 Urban families
2 994 All families
3 231 Farming families
3 476 Families having no children
2 338
2 558
2 721
3 875
Daily food energy in Ukraine in 2017, kcal per capita
2 073 — Accepted norm forpeople with incapacity for work
2 791 — Accepted norm forable-bodied people
Families with income lower than 1 603.7 UAH/month
Families with income lower than 2 941.5 UAH/month
Single-parent families
Families consisting only of people of non-working age
Daily food energy in Ukraine1, kcal per capita
2 400
2 500
2 600
2 700
2 800
2 707
2 900
3 000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
The OrangeRevolution
Financialcrisis The beginning
of war
Affordability59points
78points
51points
Availability Qualityand safety
100%
200 g 400 g 600 g 800 g 1 kg
Consumption in 2017 Rational norm accordingto the Ministry of Health of Ukraine
62%644 / 1 041Milk and dairyproducts
72%38 / 55Fish and fishproducts
79%34 / 44Eggs
71%153 / 219Meat and meatproducts
65%219 / 340Potato
69%301 / 441Vegetablesand melons
44%110 / 247Fruit, berries,nuts, grapes
138%49 / 36Oil and othervegetable fats
85%88 / 104Sugar
99%274 / 277Breadand bakery
47
FOOD SAFETY IN UKRAINE
Source: State Statstics, edclub.com.ua,foodsecurityindex.eiu.com 1 Including alcohol and tonic substances
PROCESSED FOODS
UKRAINIAN AGRIBUSINESS
Infrastructureand Services
Number of equipment, units / thou. ha Import and sales of machinery, mln $
Imports of machinery, thou. units
Combines
0,8 Russia
1,8 Ukraine
2,3 Belarus
2,3 Poland
6,2 Italy
11,2 Sweden
16,6 Finland
Tractors
6 Russia
9 Ukraine
12 Belarus
86 Germany
88 Great Britain
91 Poland
148 Italy
Machinery by regions, units
3,0-4,5<1,5 1,5-3,0 >4,5 thou. units
Seeders
66 thou.units
Combines
<1,0 1,0-1,5 1,5-2,5 >2,5 thou. units
36 thou.units
<2,5 2,5-5,0 5,0-7,5 >7,5 thou. units
Tractors
128 thou.units
<5 5-10 10-20 >20 thou. units
Tillagemachinery
301 thou.units
229
518
693
131
245
177
408480
288 30
0 348
Import of tractors Import of tillagemachinery
Imports of harvestingand threshing machinery
Sales of agricultural machineryof Ukrainian production
231
40 415159 6060
86
2015 2016 2017 2015 2016 2017 2015 2016 2017
122
96908 mln $908 mln $
— 2016
908 mln $ — 2015
— 2017
49
AGRICULTURAL MACHINERY
Source: State Statistics
INFRASTRUCTURE AND SERVICES
up to 10 10–20
The volume of certified seeds, mln t
20-35 35-40 415
6 3004 0002 000
40 The numberof issuedcertificates
The volume ofcertified seeds,
mln t
9,4 / 501
Exporters
0,45 KWS UKRAINE
0,42 Synelnykiv research station
0,30 Agrocenter
0,21 Euralis Semens Ukraine
0,16 DuPont Pioneer
2,7 thou. t
of seed exportedin 2017
Importers
TOP 5 seed tradingcompanies, thou. t
16 Syngenta
3,5 DuPont Pioneer
3,3 Limagrain Ukraine
2,9 Monsanto Ukraine
2,0 Agrozahyst Donbas
72 thou. t
of seeds importedin 2017
415 / 6 318Kyiv
11 / 434Zhytomyr
2,9 / 181Rivne
2,2 / 101Volyn
9,1 / 483Lviv
0 / 53Zakarpattia
0,6 /45Ivano-Frankivsk
0,3 / 41Chernivtsi
26 / 765Ternopil 18 / 729
Khmelnytskyi
9,4 / 501Vinnytsia
11 / 726Mykolaiv15 / 1 143
Odessa 4,9 / 628Kherson
11 / 050Zaporizhia
28 / 2 358Dnipropetrovsk
5,1 / 363Donetsk
1,6 / 144Luhansk
40 / 3 437Cherkasy
7,6 / 853Kirovohrad
11 / 550Chernihiv
4,5 / 307Sumy
36 / 2 422Poltava
20 / 2 051Kharkiv
The volume of certified seedsand the number of issuedcertificatesThe number of issuedcertificates
50
SEEDS
Source: State Statistics, State Center of Certification and Examination of Agricultural Products
INFRASTRUCTURE AND SERVICES
139
177
73
105
127136
129
67
155
128
171107
134 118
90
140137
93
66
84
103
11689 82
Fertilizer applicationin growing crop, kg/ha
up to 100 100–120 120-150 >150
Fertilizer applicationin crop production, mln t
0,30Potassium
0,36Phosphate
1,37Nitrogen
0,93Organic
Fertilizers applied for 1 ha, t
Cornsilage
6,1
3,7
Sugarbeets
1,6
Potato
0,7
Corn forseeds
0,8
Sagegrasses
0,4
Vegetablesand
melons
0,5
Rapeseed
0,3
Wheat
0,2
Sunflowerseeds
0,2
Soybean
Fertilizer use per 1 ha, kg
Fertilized land, %
693
223
749100
200
300
400
500
600
700
20%
40%
60%
80%
100%
2000 ‘01 ‘02 ‘03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ‘’12 ’13 ‘14 ‘15 ‘16 ‘17
2000 ‘01 ‘02 ‘03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ‘’12 ’13 ‘14 ‘15 ‘16 ‘17
2000 ‘01 ‘02 ‘03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ‘’12 ’13 ‘14 ‘15 ‘16 ‘17
2%
4%
6%
8%
Organic
Mineral
Corn for seed
Corn for seed
Other grains and legumes
Other grains and legumes
Industrial crops
Industrial crops
Fodder crops
Fodder crops
Mineral fertilizers
Organic fertilizers
51
FERTILIZERS
Excluding data from the temporarily occupied territoriesof the Crimea and the United forces operationSource: State Sttistics
INFRASTRUCTURE AND SERVICES
Top 8 importers of CP products, %No glyphosate and desiccant
Syngenta BASF Bayer Adama DuPont Dow Avgust Stefes Others
Herbicides
Fungicides
Chemical agents
Insecticides
Others
585662
794
2015 2016 2017
The market of CPP, mln $excluding VATNo glyphosate and desiccant
Countries-suppliers of CPP, %
28%China
15%France
7%Israel
17%Other
4%Spain
3%Poland
10%Belgium
16%Germany
Production of CPP, t
Herbicides
64
74
Herbicides
Fungicides
1821
Fungicides
908 95
1
Insecticides
8,8
9,2
Insecticides
252
265
Desiccants
4,0
4,3
Desiccants
161
161
Rodenticides
Rodenticides
80 96
Growthregulators
Growthregulators
94
243
908 t908 t
— 2016
— 2017
18%16%
14%
9% 9%
4%2% 2%
26%
Other
0,7 0,9
Other
4 51
7
7 09
9
Import of CPP, thou. t64 thou. t64 thou. t
— 2016
— 2017
52
CROP PROTECTION PRODUCTS
Source: State Statistics, Internal analysis
INFRASTRUCTURE AND SERVICES
Poltava and Odessa regions havethe biggest grain storage capacities.
State Food and Grain Corporationhas the greatest elevator facilitiesin Ukraine.
Ukraine has the total numberof 1 161 elevators with the total grain storage capacity of 47 mln t.
3,2Vinnytsia
1,0Donetsk
1,0Zhytomyr
0,1Zakarpattia
0,5Ivano-Frankivsk
2,0Kyiv
3,5Kirovohrad
0,8Luhansk
0,6Lviv 4,2
Poltava
2,1Sumy
1,6Ternopil
2,5Kharkiv
1,9Kherson
2,3Khmelnytskyi 2,3
Cherkasy
2,8Dnipropetrovsk
0,2Chernivtsi
2,0Chernihiv
0,7Rivne
1,9Zaporizhia
3,7Mykolaiv4,2
Odessa
0,5Volyn
— 5 elevators
Grain storagecapacity, mln t
up to 1,0 1,0–2,2 2,2-3,0 >3,0
Top 10 Ukrainian companies by grainstorage capacity in 2017, mln t
1 2 3 4 5 6 7 8 9 10
3,7
2,92,7
2,0
1,2 1,2 1,1 1,00,8 0,7
SFGCU Kernel UkrLandFarming NIBULON State Reserve MHP Optimus Agro Prometey Minagroprod TESSLAGROUP
53
QUANTITY AND LOCATION OF GRAIN STORAGES
Source: Elevatorist.com
INFRASTRUCTURE AND SERVICES
Odessa Sea Port 7 650-7%
Yuzhny Sea Port 8 684+6%
Mykolaiv Sea Port 9 097+0,3%
Izmailsky Sea Port
Kherson Sea Port592-32%
Chornomorsk Sea Port
Bilhorod-DnistrovskyiSea Port
8 059+1%
33+143%
1,3-93%
Skladovsk Sea Port
3-17%
Ust-Dunaisk Sea Port
Mariupol Sea Port
Berdiansk Sea Port 640-33%
499-18%
Reni Sea Port553+18%
StevedoringCompany “Olvia”
3 316+9%
27+800%
Port grain transshipment volumes, thou. t
Top 10 river elevators by storage capacity, thou. t
77,077,0
Khortytsia
77,077,0
Holoprystan
94,094,0
Svetlovodskwater terminal
76,076,0
Kosatska
76,076,0
Voznesenska
75,675,6
Kremen-chuk
75,675,6
Kamianka-Dniprovska
75,675,6
Pereya-slav
75,675,6
Novoodessa
75,275,2
Vitovo
Top 10 sea port terminals by transshipment capacity, mln t
5,4
3,12,8 2,7 2,6 2,5 2,5 2,4 2,2
1,8
TIS-Grain SeaSpecialized
Port Nika-Tera
OlimpexCoupe
Int.
TransBulk-Terminal
NIBULON1 IllichivskGrain Terminal
Brooklyn-Kiev
TIS-MineralFertilizers2
Greentour-Ex DSSC
10200
1 000
2 500
5 000
9 000 33+143%
— Transshipment in 2017, thou. t
— Transshipment increase
— Transshipment decrease
— Compared to 2016
18,5 thou.
Total numberof grain hopper cars
Grain delivery and transshipment, mln t
32,836,8
39,4 39,2
11,9 10,8 12,0 13,1
2014 2015 2016 2017
Sea ports
Motortransport
Railway
25,228,7
31,2
35,7
Branches of NIBULON
54
AGROLOGISTICS IN UKRAINE
Source: USPA, CFTS Consulting, State Statistics
1 Excluding raid transshipment2 Not a specialized grain terminal
INFRASTRUCTURE AND SERVICES
Normative monetary evaluation of agricultural land, thou. UAH/ha
Arable landfrom 17 to 33 thou. UAH per ha
<20
20–25
25,1–30
>30
Perennial plantationsfrom 16 to 108 thou. UAH per ha
<35
35–55
55–75
>75
Hayfieldsfrom 2,6 to 11,9 thou. UAH per ha
<3,9
4–5,9
6–8,9
>9
Pasturesfrom 2,6 to 9,5 thou. UAH per ha
<3,9
4–5,9
6–8,9
>9
Arableland
Perennialplantations
Hayfields Pastures
33
Maximum
MinimumAverage
26
49
4916
6 5
108108
17 16
12
2,6
6,5
2,6
Land price increase in the neighbouring countries afterthe opening of the land market and predictions for Ukraine2
Land rental rates, €/haBased on the 2016 data
4246768196
144160202
229
348
536
791
UkraineLatviaCroatiaLithuaniaCzechRepublic
SpainSwedenFranceFinlandAustriaDenmarkNetherlands
4%
Since the beginning of liberalization
Price per 1 ha of land
0 1 2 3 4 5 6
2 580€ 2 000
€ 3 000
€ 4 000
2 557 Czech Republic
4 083 Poland
1 256 Slovakia
Ukraine€ 8911
2 403 Hungary
2 182 Romania
of agricultural landin Ukraine is not subjectto the moratoriumon farmland sale
55
LAND MARKET IN UKRAINE AND THE WORLD
Source: IMF group of UkraineDerzhheokadastr, Eurostatistics
1 At an exchange rate of 30.877 on 01/01/20182 Based on an average price in neighbouring countries
INFRASTRUCTURE AND SERVICES
Capital investmentsin Ukraine's agricultural sector, bln UAHCosts for the acquisitionof long-term assets: the initial value of buildings and structures, new machines and mechanisms, intangible assets (patents, licenses, know-how, etc.)
Capital investmentdynamics
11,116,5
18,9 18,6 18,8
30,2
50,5
64,2
10,7
2010 2011 2012 2013 2014 2015 2016 2017
Capitalinvestmentdynamics
Annual and biennialcrop production
54,2
Animal production 7,0
Postharvest handling andauxiliary agricultural
activities0,91
Perennial cropproduction
0,86
Other 0,41
Capital investments by type of activity
Capitalinvestmentsin Ukraine'sagriculturalsector
<2 2–3 3–4
2,62,7
2,6 2,9
1,3
1,2
3,9
3,52,72,5
1,41,1
1,3
0,10,8
0,3
4,6
4,7
4,8
3,4
3,2
3,4
3,53,2
>4
Direct investmentsin Ukraine's agricultural sector, mln $The total amount of direct investments (share capital) made by non-Ukraine residents and residents living abroad
669 720 725 718777
617
502586
2010 2011 2012 2013 2014 2015 2016 2017
Direct investment dynamicsAs of January 1, 2017
Direct investments by type of activityAs of December 31, 2017
10Other
183Animal production
311Annual and biennialcrop production
94Postharvest handling and
auxiliary agriculturalactivities
19Perennial cropproduction
Origin countries of direct investmentsAs of December 31, 2017
182Cyprus
92British Virgin Islands
85Germany
53Danmark
47GreatBritain
31Poland
29France
20USA
14Sweden 59
Other13Slovakia
13Netherlands
56
INVESTMENT IN UKRAINE'S AGRICULTURAL SECTOR
Source: State Statstics, Latifundist.com2014-2017 — excluding data from the temporarily occupiedterritories of the Crimea and the United forces operation
INFRASTRUCTURE AND SERVICES
100%
18% 26% 33%
46% 39% 37%
36% 35% 30%
2015 2016 2017
Up to1 year
From1 to 5years
Over5 years
Dynamics of agriculturalsector financing, bln UAHAs of the end of the year
Hryvnia loan termsfor agriculture, %As of the end of the year
The share of agricultural loansin the loan portfolio of the
banking system
4855 60
2015 2016 2017
6,1% 6,9% 7,4%
0,9Vinnytsia
0,1Donetsk
0,4Zhytomyr
0,1Zakarpattia
0,2Ivano-Frankivsk
30,1Kyiv
1,4Kirovohrad
0,1Luhansk
1,5Lviv 1,7
Poltava
1,0Sumy
1,2Ternopil 4,0
Kharkiv
0,7Kherson
1,1Khmelnytskyi
1,3Cherkasy
7,0Dnipropetrovsk
0,2Chernivtsi
0,9Chernihiv
0,4Rivne
1,6Zaporizhia
1,0Mykolaiv
2,2Odessa
0,7Volyn
1,5 — Granted loans, bln UAH
Loans granted to agribusinessby deposit-taking corporations(except for the NBU),bln UAH
Up to 1 year
Granted loans
15,5
10
5
1,5
From 1 to 5 years
bln UAH
Over 5 years
57
AGRICULTURAL FINACING
Source: NBU
INFRASTRUCTURE AND SERVICES
Agricultural insurance in 2017 underwriting1
year divided by crops, %
63%Winter wheat
15%Winterrapeseed
6%Sunflowerseeds
6%Other
11%Corn
Leaders in agricultural insurance in 2017underwriting1 year, thou. ha
148Ingo Ukraine
128Aska
49,7АХА
85,5Other
119PZU
132Universalna
2007
9,1%
4 397
1 637 1 980
1 217
2 710
1 9361 722
1 3921 062
793 957
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
661
4,3%
1,9% 2,1%2,8% 2,6%
3,1% 2,7% 2,6% 2,6% 2,4%
The number of insurance deals in Ukraine
Insured lands, thou. ha
Insured lands, %
2 360
1 171
510 553786 727
869732 689 700
The first increase in agricultural insurance
since 2011
58
INSURANCE OF AGRICULTURAL RISKSPartnerof the page
1 Underwriting year in agricultural insurance includes 2 agricultural seasons.In this case it lasts from sowing campaign in autumn of 2016 to harvesting in 2017
Source:International Finance Corporation
INFRASTRUCTURE AND SERVICES
The volume of funds attracted, mln $
LondonStock
Exchange
LSE's AIM
New YorkStock Exchange
WarsawStock
Exchange
MHP
Avangard
Continental Farmers Group
UkrProduct
Landkom
AgroGeneration
Astarta-Kyiv
Kernel
Agroliga
Agroton
Milkiland
Ovostar Union
KSG Agro
Cereal Planet
12
111616
121
748
798
24303133445478
110
188
525
536
StockExchange
Company
IMC
1 block = 100 IPOs
994$ 95 mln
The number of IPOsThe averagetransaction amount
Widths of blocks is theaverage transaction amount
$ 116 mlnfrom
to $ 213 mln
Capital raised,$ bln
The quantity of blocksis the number of deals
50
100
150
200
250
300
2008 2009 2010 2011 2012 2013
Capital raised,$ bln
2014 2015
1 241$ 137 mln
756$ 134 mln
World IPO market
2016 2017
1 055$ 126 mln
1 624$ 116 mln1 367
$ 208 mln 1 206$ 213 mln
566$ 212 mln
1 218$ 160 mln
864$ 189 mln
837$ 154 mln
Indicators of Ukrainian agro companies listed on the Warsaw Stock Exchange
Prices within52 weeks, PLN
Current priceof shares, PLN
Share pricechanges, % per 1 year
Capitalization,mln PLN
Company,in order or preparingthe IPO
MaxMin (09.08.2017) (08.2016 – 08.2017)
Share price /Income per share
P/E
Astarta-Kyiv 825 32 63 33,5 -39% 7,2
Kernel 4052 46 62 49,5 -15% 10,4
Agroliga, UAH 759 11 20 14,8 -6% —
Agroton 88 3 6 4,1 -34% 2,9
Milkiland 27 1 2 0,9 -49% —
Ovostar Union 588 88 117 98,0 -11% 5,5
KSG Agro 15 1 3 1,0 -59% —
IMC 413 11 14 12,5 20% 7,5
Cereal Planet, UAH 3 0 12 10,3 10% —
59
IPO OF UKRAINIAN COMPANIES
Source: International Finance Corporation
INFRASTRUCTURE AND SERVICES
Listed onexchange
Investor'stitle to shares
of the companyInterestTermFundingprojects
Fundingproviders
Maximumamount
of fundingTypical
security Intermediaries
Trade finance Production equipment,machinery, goods BanksCash cover,
pledge Bank
Bank
Bank
$ X0 000 000
Warehouse certificatesDepending on
the structure ofthe agreement
CommodityBuyer-trader,
bankCommodity $ X0 000 000
Agrarian receiptsDepending on
the structure ofthe agreement
Further yieldBuyer-trader,
bankFurther yield $ X 000 000
Bills of exchange Production equipment,machinery, goods
Counterparties,domestic suppliersSurety for a bill $ X 000 000
Leasing Production equipment,machinery
LeasingcompanyPledge Leasing
company $ X 000 000
Long term
Domestic bonds The company as a whole Investors-bondholders
Pledges, corporateguarantees
Underwriter(optional) $ X0 000 000
Eurobonds The company as a whole Investors-bondholders
Pledges, corporateguarantees Investment banks $ X00 000 000
IPOPerpetual
The company as a whole Investors-shareholders Investment banks $ X00 000 000
Bilateral Loans Possible in caseof foreclosure
Trading operations,investment projects BankPledge, mortgage,
rights of claim, guarantee $ X0 000 000
Export lending Production equipment,machinery, goods
Exportingcontractors
Export-creditagency
Pledge, mortgage, guarantee,export insurance by credit
agencies$ X0 000 000
Commercialloans Short term
Production equipment,machinery, goods
Exporting contractorsor domestic suppliersGuarantee $ X0 000 000
Syndicated loans Possible in caseof foreclosure
Trading operations,investment projects The group of banksPledge, mortgage,
rights of claim, guarantee Bank-agent $ X00 000 000
Any
60
FINANCIAL INSTRUMENTS
Source: AEQUO
INFRASTRUCTURE AND SERVICES
How to get on a state trial program and register your crop protection product (CPP)
Registeringinstitutions State R&D Institutes Ministry of Ecology and Natural Resources of Ukraine
Documentsto submit
Scientific approvalon the number of CPP samples
Certificate of the CPP registration in the country of origin (Obligatory!)
Results of the state trials
Register CPP for a statetrial program
Get permissionfor importing the testsamples of CPP
Import the samples andget state trials of theproduct
Get the certificateof state registrationof CPP
Application for the state registration of CPP
Comprehensivedossier
Incomplete dossier
Get scientific opinionon a minimal number of CPPsamples needed for statetrials
Why are intellectual propertyrights important? How to protect intellectual property rights in agriculture
Petition for inclusion intoan trial schedule
Application for a state trial program
Detailed informationon the product (dossier)
Application expressingscientific approval on thenumber of CPP samples
Protect your brandfrom intellectualproperty the�
Protect yourtechnologies
Help to monetizeyour product
Trademarks
What itprotects
Meansof IPR
protection
Names of agrochemicalproducts, design,
services
Design Patents
Packaging of theagrochemical product
Patents on an inventionor improved model
Ingredients,production process
1 2 3 4 5
Long-time registration
years10Short-term registration(experimental)
years3
validfor
validfor
61
REGISTRATION OF CROP PROTECTION PRODUCTS
Source: AEQUO
INFRASTRUCTURE AND SERVICES
Mandatory provisions:· LLC name· governing bodies and their competence · procedure of joining and exit from LLC
Not mandatory:· the share capital amount· name of participants· their shares
The State Register is now the only source of information about the LLC
Changes in the charter
The Law does not establisha minimum thresholdCan be 1 UAH
The number of participants is notlimited
Required % of votes to makea decision at a general meetingis calculated based on the total shareof all participants of LLC
Number of participants
No need to convene general meetingto reflect the change of participants
Change of LLC’s participants is done by making the respective entry in the State Register
No quasi-judicial control of the notary over shares disposal
The participant may use sharetransfer instrument to registerthe change of participant with the State Register
Instead of certifying agreementby notary, it is possible now to certifya share transfer instrument or certifythe signature on the shares purchase agreement
Prevention of hostiletakeovers
The director and members of the supervisory board may act on the basis of a labor or civil law contract
Non-compete rules for LLC's management.
Officials should act in good faithand reasonably in the interest of LLC
Regulation of LLC’smanagement
If the value of net assets of LLC has decreased for more than 50% compared to the previous year, the executive body shall call general meeting
It is not required to adjustthe value of LLC’s net assetsto the amount of share capital
The amount of LLC’s net assetsis a criterion to determine whethera certain contract is material and requires approval of general meeting
LLC’s Net Assets
Tailor-made rules for enteringinto material and related-partytransactions
Criteria for such transactionsand procedures for their approval may be established at the discretionof participants in the charter
LLC’s transactions
Impossible, except for two caseson the basis of a decision of the general meeting
First: if the participant did not makea contribution to share capital in time
Second: if the heir of the participant that holds less than 50% of shares did not make an application to enter into LLC within one year aster the termof the acceptance of inheritance had expired
Excluded participants are entitled to receive the value of their paid shares determined at the market value
Exclusion of a participant
Participant that holds less than 50% of LLC's shares may exit from LLC without consent of other participants
Participant with a larger share requires consent of other participantsto exit from LLC
Participant may not exit LLCif no participants will be lest
Participant that exits is entitledto receive the value of the paid shares determined at the market value
The date of exit is determinedas a date of the relevant entryin the State Register
The procedure of exitof an LLC’s participant
LLC participants may enter into shareholders agreement (SHA) which establishes the procedure for exerciseof rights and powers by the participants
Participants do not need to notify LLC about the existence of an SHA, unless they agreed otherwise
The participants may issuean irrevocable power of attorneyif required under an SHA
Corporate agreement
If LLC enters into a commercial contract in breach of an SHA, such contract is void, provided that other party knew or should have known about such breach
The breach of an SHA shall have result in payment of damages or fine but not in declaration of LLC’s resolution as null and void
Share capital
2275-VIIIBecame effectiveon June 17 2018
62
THE LAW OF UKRAINE “ON LIMITED LIABILITY AND ADDITIONAL LIABILITY COMPANIES”
Source: AEQUO
INFRASTRUCTURE AND SERVICES
PLANNING AND DESIGN
LATIFUNDIST.COM, TOP LEAD
PRODUCTION
LATIFUNDIST.COM
AUTHORS
LATIFUNDIST.COM, TOP LEAD
DISCLAIMER
COPYRIGHT INFORMATION
This guide is designed exclusively to inform users. We have made every effort to ensure the accuracy of the information contained in this report.Despite the fact that this information has been carefully prepared by experts, it can only be used to get a general idea of the subject discussed in it.Do not use the information contained in the report, as professional advice on a particular issue or passing a professional judgment. The data wascollected and prepared for publication in 2018 based on the results of 2017/18 marketing period and calendar year 2017.
CREDIT AGRICOLEPushkinska str, 42/4Kyiv, 01004, UkraineTel.: +38 (044) 393-76-37
BAKER TILLYAlexander Pochkun, managing partner28 Fizkultury St.,Kyiv, UkraineTel.: +38 (044) 284-18-65
credit-agricole.ua www.bakertilly.ua
AEQUODenis Lysenko,managing partner,[email protected] Business CenterMoskovska str., 32/215th floorKyiv, 01010, UkraineTel: +38 (044) 490-91-00
TOP LEADNyzhnii Val str. 15office 202Kyiv, [email protected]
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