Ukraine: Export of milk and cream in the first quarter fell

Published 2024년 5월 6일

Tridge summary

In the first quarter of 2024, Ukraine experienced a mixed performance in its dairy export sector. Non-condensed milk and cream exports fell by 11.1% to 7.2 thousand tons, with a slight monetary decrease of 2.1% to $4.6 million, primarily to Moldova, Armenia, and Georgia. Meanwhile, condensed milk and cream exports saw a volume decrease of 13.2% to 5.9 thousand tons but an increase in value by 10.7% to $15.8 million, with Israel, Poland, and Bulgaria being the main markets. Despite the export challenges, production of real condensed milk and related products in Ukraine saw an 8% increase during the same period.

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

Original content

In January-March 2024, Ukraine exported 7.2 thousand tons of non-condensed milk and cream, which is 11.1% less than in the same period last year. This is evidenced by the data of the State Customs Service. In monetary terms, exports decreased by only 2.1% - to $4.6 million. The main buyers of Ukrainian non-condensed milk and cream in the 1st quarter of 2024 were Moldova (93.3%), Armenia (2.6%) and Georgia (2.3%). The export of condensed milk and cream for the first three months of this year was at the level of 5.9 thousand tons, which is 13.2% less than in the same period of 2023. In monetary terms, the export of these millet products increased by 10.7% compared to the first quarter of 2023 ...

Source: Agrotimes