Dairy products are becoming more expensive in Ukraine

Published 2024년 12월 3일

Tridge summary

The article highlights the significant rise in the prices of various dairy products in Ukraine, attributed to an increase in milk raw material prices and production costs. The Association of Milk Producers has reported that the prices of pasteurized milk, kefir, sour cream, yogurt, cheese, and butter have all seen substantial increases over the past year, with some products experiencing double-digit price hikes. This situation is causing concern, especially among low-income consumers who are cutting back on dairy purchases. The article also mentions that the price of raw milk, a major cost factor for milk processing enterprises, has surged due to domestic shortage, leading to higher dairy product prices and impacting the consumer basket. The article speculates that raw milk prices may stabilize by December, which could potentially lead to a decrease in dairy product prices in the future.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The increase in prices for milk raw materials and production costs leads to higher prices of dairy products in stores and a decrease in their consumption in Ukraine. This is reported by the Association of Milk Producers. Thus, as of December 3, pasteurized drinking milk cost UAH 55.04/kg on average (+8% compared to the previous month and +22% compared to last year). Kefir with a fat content of 2.5% on average cost UAH 64.81/kg (+4.6% compared to last month of this year and +23% compared to last year). At the same time, the price of sour cream with a fat content of 15% averaged UAH 156.79/kg (+6.5% and +24%, respectively). The average price of drinking yogurt was UAH 101.86/kg (+7% and +15%). Yogurt in glasses costs UAH 156.36/kg on average (+4.6% to the price at the end of the previous month and +22% to last year). The average price of sour milk cheese with a fat content of 9% reached UAH 257.1/kg. The price of the product increased by UAH 5.64 (+2.2% and +24%, respectively). ...

Source: Agrobusiness