News

The EU is losing interest in Ukrainian milk

Cyprus
Latvia
Malta
Spain
Published Apr 12, 2023

Tridge summary

Milk prices in the countries of the European Union are decreasing, so dairy products from Ukraine may lose their appeal to Europe. The analyst of the Association of Milk Producers Giorgiy Kukhaleishvili told about this. According to him, at the end of March, as well as at the beginning of April, the difference in the price of milk in Ukraine versus the EU was plus 20% on the spot market. According to preliminary data from the European Commission, in March of this year, the average price of a kg of raw milk in the EU reached 51.79 euro cents. Compared to February, it decreased by 3%. Among EU countries, milk costs less only in Latvia. There, the price per kg is 34.14 euro cents. The indicator of the price difference in Ukraine and Latvia is plus 3.2%. The most expensive milk is currently sold in Cyprus (65.36 euro cents), Malta (60.55 euro cents) and Spain (58.54 euro cents).

Original content

If milk production in the EU continues to grow and global demand for dairy products remains limited, spot prices for raw milk are likely to remain at 30-35 euro cents per kg in the near term. There is a risk of an increase in the supply of cheap cheeses, butter and cream from European countries to Ukraine, which will compete with nationally produced dairy products," said Georgy Kukhaleishvili. As AgroPolit.com wrote, Ukraine began to export ice cream more actively. The Council is also preparing tax changes for dairy farmers. Support our ...
Source: Agropolit
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