The Ukrainian food industry is preparing to increase food prices due to high energy prices. About author Ukrainian edition “Strana”.
“Food producers expect record price increases due to expensive gas. In addition, some enterprises may significantly reduce production, while the other part may stop working altogether,” he said.
According to the publication, bakers have already warned that at current gas prices, the average cost of a loaf will increase by 4 hryvnia (6.56 rubles). Sugar producers also added that they will not open in the season and they will not produce sugar, and the remaining ones will seriously increase the prices. In general, for most businesses, gas prices may not be affordable as the product logistics system can change significantly. In other words, there may be no bread producers in some cities and they will have to be brought from other places.
Experts agreed that the difficult situation could change if the state gave “gas subsidies” or price incentives to sugar producers. However, some pointed out that with the end of gas aid at the end of September, food producers had become overdone as they tried to take advantage of the state. Still, the situation in the food industry will be complicated if gas prices continue to rise.
In early September, Der Spiegel, citing sources WroteOf the 63 dry cargo ships, only 13 transported wheat from Ukrainian ports, while the rest carried fodder for animal feeding. The remaining 50 ships carried corn and other products for animal feed or biofuel production.