Ukraine increased revenue from the export of dairy products by a quarter

Dairy

Ukraine

Market & Price Trends

Published Mar 8, 2024

Tridge summary

In February 2024, Ukraine saw a significant increase in dairy exports, with 8.5 thousand tons exported, generating $16.6 million. This represents a 22% increase in volume and 26% increase in cash turnover from January. Despite this, the export turnover of about 29 million UAH in the first two months is 14% less than the previous year. The main dairy products exported were butter and cheeses. Ukraine also imported 3.94 thousand tons of dairy products, primarily from New Zealand, Norway, Switzerland, Great Britain and the European Union.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In February of this year, Ukraine managed to export 8.5 thousand tons of dairy products, earning $16.6 million, the Association of Milk Producers reported on this. Compared to January, the natural volumes of exports increased by 22%. Cash turnover increased by 26%. A total of 15.13 thousand tons of dairy products were exported since the beginning of 2024. This result is 3% higher than last year's period. In the first two months of the current year, the export turnover amounted to about 29 million UAH. This result is 14% less than last year. In monetary terms, the following goods became the main export categories: In February, Ukrainian companies increased their export of dairy products. This is mainly characteristic of butter and cheeses. In February, Ukraine also imported 3.94 thousand tons of dairy products. This indicator is 28% lower than in January. The supply of fermented milk products to Ukraine decreased by 9% last month. Whey was imported by 66% less, butter by ...

Source: Agropolit