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Making Money on Berries in Ukraine: Myth or Profitable Model for Investors?

by Roman Cheplyk
Monday, September 8, 2025
3 MIN
Making Money on Berries in Ukraine: Myth or Profitable Model for Investors?

With yields up to 10 t/ha, production costs among the lowest in Europe, and booming demand in the EU, Ukraine’s berry sector is turning into a high-margin investment opportunity

Global Berry Boom: Why Investors Are Looking Closely

The world is experiencing a new “Green Revolution” — grain fields are being replaced by berry plantations, and global corporations are investing in producers in Chile, Peru, and Europe.

  • Market size: $25.3 billion in 2024 → $34.6 billion by 2033 (CAGR 3.52%).

  • Europe: growth from 2.2 million tons ($9.3B) in 2024 → 3.1 million tons ($13.2B) by 2035.

  • Consumer trends: demand for blueberries, raspberries, and blackberries +7% vs. +2% for strawberries.

This growth is powered by consumer health preferences: berry-based snacks, smoothies, yogurts, and functional foods account for 43.4% of healthy food revenues.


Ukraine’s Competitive Edge in Berries

Ukraine has become one of Europe’s most promising berry producers due to its climate, fertile soils, and low-cost production base.

  • Blueberry yields: 8–10 t/ha (vs. Germany 5.7 t/ha, Netherlands up to 15 t/ha with intensive systems).

  • Production cost: only €1.7–2.0/kg in Ukraine (Germany €3.6–4.0/kg, Netherlands €3.75/kg, Poland €2.8–3.0/kg).

  • Cultivated area: approx. 5,300 ha in 2021, expanding despite wartime relocation of farms to western regions (Lviv, Ivano-Frankivsk, Chernivtsi).

This cost advantage makes Ukrainian berries highly profitable on EU markets, even after logistics and customs.


Market Performance During War

Despite the full-scale invasion, berry farmers have expanded production:

  • Fruit & berry output (2023): 1.996M tons (vs. 534,000 tons in 2019).

  • Exports of fresh berries (2023): 5,000 tons worth $18M (blueberries – 3.6k tons, raspberries – 0.6k tons).

  • Exports of frozen berries: record 87k tons worth $132M, mainly raspberries and blueberries.

⚠️ However, Poland captures ~$100M of added value annually by repacking Ukrainian berries for re-export. With investment in sorting, freezing, and packaging facilities, Ukraine could capture this margin directly.


Innovation in Varieties and Technology

Ukraine is not only producing volume but also innovating:

  • Blueberries: new frost-resistant varieties (Blue 24-01, 24-02, 24-03) adapted for Central/Eastern Europe, yielding up to 5 kg per bush.

  • Currants: premium dessert and processing varieties (Chereshneva, Yuvileyna Kopanya).

  • Technology adoption: irrigation, mulching, drip feeding, substrate cultivation, containers — boosting yields and quality.

These upgrades make the business more intensive, resilient, and export-oriented.


Risk Factors: Diseases and Protection

Like any high-margin crop, berries carry risks: powdery mildew, anthracnose, gray rot can cut yields by up to 50%.

Ukrainian farms increasingly rely on modern fungicides and bioprotection solutions, aligning with EU phytosanitary standards — essential for maintaining access to premium markets.


Investment Opportunities in Ukraine’s Berry Sector

Foreign investors can capitalize on:

  • Plantation expansion: land and labor cost advantages → rapid ROI.

  • Processing infrastructure: freezing, sorting, and packaging to capture added value lost to Poland.

  • R&D partnerships: breeding frost-resistant, remontant, and high-shelf-life varieties.

  • Export logistics: direct supply chains to EU retailers.

  • Vertical integration: from plantations to finished berry-based products (juices, powders, nutraceuticals).


Conclusion: A Sector Ready for Smart Capital

Ukraine combines low production costs, favorable climate, and fast-growing global demand with a demonstrated ability to expand even during wartime.

With proper investment in technology, processing, and export channels, Ukraine can evolve from a raw berry supplier to a European leader in value-added berry products — turning a “myth” into a highly profitable model for farmers and foreign investors alike.

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