Vegetable Business Ukraine

by Olha Povaliaieva
Saturday, October 23, 2021
2 MIN
Vegetable Business Ukraine

Vegetable crops are one of the most important components within Ukrainian agriculture, which is why it has flourished all throughout its history

Vegetables have also become a trend among farmers due to their profitability compared with other types of farming because they cost less money and yield more profit.

In 2020, the export revenue of the Ukrainian vegetable sector amounted to $101.3 million. In general, according to the message, the export of vegetables and nuts, fresh, frozen, and dried, brought Ukraine $339 million in revenue in 2019, which is 9.4% more than in 2018 and 20.1% more than in 2017. Vegetables offer higher profit margins compared to other invest.com/investing-in-ukraine/business-opportunities/agricultural/" rel="dofollow">agricultural products; for example, potatoes are one of the most popular vegetables within Ukraine, and their profit margin is about 23%. Walnuts were the main commodity groups that provided an increase in the export of vegetable products. At the same time, the share of this category in the total export of vegetable products continued to grow and reached 23% in 2019.

Vegetables are exported to Italy, France, Poland, and other European countries. Vegetables are the second-largest export commodity for Ukraine, following grain exports. The vegetable industry within Ukraine is one of the most important agricultural sectors, and it is also an area where small farms can thrive because they can focus on high-profit vegetables such as tomatoes or cucumbers. Vegetable planting became a trend among farmers due to their profitability compared with other types of farming because they cost less money and yield more profit.

Vegetable farming is a profitable production in terms of investment. A high payback, a well-established base, and a constant presence of customers contribute to the development of the vegetable business. Invest in growing vegetables in Ukraine and get your profit today.

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