Dairy prices in Ukraine are rising, while consumption is falling, milk shortage or excessive export?

Published 2024년 12월 5일

Tridge summary

Ukraine is experiencing a surge in dairy product prices due to a raw milk shortage, causing a decrease in demand, particularly among those with lower incomes. The high production costs of dairy products, which are largely dependent on raw milk, are contributing to the price hike. The reduction in demand is expected to stabilize raw milk prices by December, but the situation is worsened by dairies and processing plants prioritizing exports to the EU over the domestic market, leading to a decrease in production for the domestic market. The decline in the number of dairy cows in Ukraine, by 6.5% since last year, also contributes to the production shortfall.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to the shortage of milk on the market, the prices of dairy products in Ukraine have risen significantly over the past three months. As a result, the demand for dairy products is decreasing - reports Latifundist. Customers are limiting purchases Due to high prices, Ukrainian consumers, especially those with incomes below average, have begun to deny themselves dairy products. The drop in demand is already clearly visible, because dairies and processing plants have reduced the supply of finished products to the domestic market - we read. Milk too little and expensive According to the analyst of the Association of Milk Producers, Georgy Kukhaleishvili, these are the effects of the shortage of raw milk. In the structure of production costs, raw milk accounts for 60%. The rest is the cost of logistics and storage of dairy products. There is little milk, so its prices are high and, as a result, the prices of products in supermarkets are rising. The quoted expert believes that the ...
Source: Farmer.pl

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.