MHP meat processing products price increased by 32% in Q1 2018

The average sausage and cooked meat price produced by MHP in Q1 2018 increased by 32% to UAH 58.66 per kg (excluding VAT) compared to UAH 44.38 in Q1 2017 mainly as a result of poultry price increase.

Sales volumes of sausage and cooked meat in Q1 2018 remained stable and constituted 8,162 tons compared to 8,136 tons in Q1 2017.

Sales volumes of convenience food in Q1 2018 increased by 75% reaching 3,835 tons. The average price in Q1 2018 increased by 12% to UAH 46.51 per kg (excluding VAT).

Reference: according to the data of the State Statistics Service of Ukraine, the price for meat and meat products increased in the beginning of 2018.