Coffee and tea market: growth on the back of ties with Russia
18 July 2025 14:55
Despite the war, the Ukrainian coffee and tea industry is showing steady growth, but among the largest companies, enterprises with possible ties to the aggressor state have been identified. This is stated in a study by YouControl, according to "Komersant Ukrainian".
According to the study, 570 business entities are engaged in the production of tea and coffee in Ukraine as of July 2025. Among them are 264 companies and 306 individual entrepreneurs who conduct financial activities under the relevant economic activity code.
Geographical location of producers
The largest concentration of coffee and tea producers is concentrated in the capital – 153 legal entities. A significant share is also occupied by Dnipropetrovska oblast with 54 producers and Kyivska oblast with 48 business entities.
The companies analyzed include enterprises with foreign capital from China, Moldova, India, Turkey, Cyprus, and other European countries.
Financial indicators of the industry
Companies that submitted financial statements for 2024 showed total revenue of UAH 10 billion. This is a significant increase compared to 2023, when the figure was UAH 8.6 billion.
The top 10 largest producers earned UAH 7.9 billion, which is 79% of the total revenue of all companies that submitted financial statements.
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Market leaders and their performance
The top 10 largest manufacturers are led by: JSC Monomakh (brands Lovare, Monomakh, Stefano, FERARRA) with revenues of UAH 2.3 billion, FES UKR LLC (MacCoffee, HILLWAY) with almost UAH 2 billion, Galka Corporate Group (Galka, “Coffee from Lviv) – UAH 1.63 billion, Vienna Coffee LLC – UAH 526 million, TS TRADE LLC (Greenfield, TESS, Princess Nuri, Jardin, Jockey) – UAH 408 million.
The rest of the top five: FOOD PACK COMPANY LLC (Gemini) – UAH 373.6 million, TRIPOLSKE SUNSET LLC (Trypillian Sun, Sherlock Secrets) – UAH 323 million, Ukrainian Coffee Company LLC (GALEAD’OR, XO, 1CUP) – UAH 280 million, and Ukrainian Tea Factory Ahmad Tea LLC (Ahmad Tea) – UAH 187.3 million.
Several market leaders have major problems with Russian connections. JSC MONOMAH is under investigation for organizing a scheme to supply products to Russia through Poland and Belarus, and one of its shareholders is hiding from the pre-trial investigation. FES UKR LLC is a part of a Singaporean holding company that derives most of its income from sales in Russia and is also associated with a Russian company that earned 14.4 billion rubles.
Other troubled companies. TS TRADE LLC received fines for concealing the beneficiaries’ ties to Russia, and among the previous owners were persons associated with the Russian Orimi Trade. Trypillian Sun LLC had among its beneficiaries people associated with a former MP from United Russia. Ahmad Tea Ukraine is owned by a British company, which also owns a Russian company with a revenue of 2.4 billion rubles.
In parallel with these connections, some Ukrainian producers are suffering from the war – Food Pack LLC lost its main warehouse and service center as a result of Russian shelling.
Conclusions of the study
Despite the stable economic growth of the industry and the millions of dollars in revenue of the market leaders, the study revealed an alarming fact: among the ten largest coffee and tea producers in Ukraine, there are probably companies with ties to Russia.
This is in contrast to the situation when some companies continue commercial relations with the aggressor state, while other Ukrainian producers suffer losses due to shelling, loss of production capacity and disruption of logistics.
The coffee and tea industry in Ukraine demonstrates resilience and growth even in times of war, but requires additional control over possible ties to the aggressor among leading market participants.
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