Cheesemakers have suspended price increases in Ukraine

Published 2022년 2월 2일

Tridge summary

There is no agreement on quota for road transport between Ukraine and Kazakhstan, leading to uncertainty. This has affected cheese exports to Kazakhstan, the main importer of Ukrainian cheese products. High prices have led cheesemakers to suspend price increases and consider promotional discounts. The Ministry of Infrastructure has been criticized for the situation, which reoccurred last year. Cheese production in Ukraine has decreased by 11% to 111,000 tons in a year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Quotas on road transport between Ukraine and Kazakhstan have not been agreed so far. It is unclear who is to blame, the Ukrainian or Kazakh side. But in any case, our Ministry of Infrastructure is clearly not working. There were similar problems last year. Given the decline in demand, cheesemakers have now suspended price increases. They may even have to resort to promotional discounts more often. Prices are already too high now. As there is a problem with exports to Kazakhstan, which is the main importer of cheese and cheese products, it is difficult to talk about export prices. But it is likely that even if the issue of logistics is resolved, it will not be possible to increase prices at the beginning of the year. Last month, ...
Source: MilkUA

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.