Dairy products have become more expensive in Ukraine

Published 2024년 9월 6일

Tridge summary

The article highlights a surge in the retail prices of various dairy products in Ukraine, as reported by the Association of Milk Producers (AVM) in September. This increase is attributed to a combination of factors such as reduced milk production volumes, increased purchase prices, energy outages, and issues with cooling equipment leading to product spoilage. The price hikes are particularly significant for items like sour cream, cheese, and butter, with some products experiencing double-digit price increases year-over-year. The high prices are expected to lead to a decrease in the consumption of these dairy products in the domestic market in the fall.

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

Original content

As of the beginning of September, retail prices for a number of dairy products included in the consumer basket of Ukrainians have increased again. This was reported by the press service of the Association of Milk Producers. "Decreasing milk production volumes, increasing purchase prices, power outages, problems with cooling equipment and spoilage of finished products in stores probably caused some increase in the prices of most dairy products included in the consumer basket of Ukrainians," the report says. AVM reported that as of September 4, pasteurized milk cost an average of UAH 49.10/kg (+3% to August this year and +19% to last year). Kefir with a fat content of 2.5% on average cost UAH 56.29/kg (+1.4% to August this year and +14% to last year). The price of sour cream with a fat content of 15% was on average UAH 133.93/kg (+0.8% and +15%, respectively). The average price of drinking yogurt was UAH 93.67/kg (-1% compared to the August price and +16% compared to last year). ...

Source: Agrobusiness