Tridge summary
In March, Ukraine observed a slight increase in dairy product exports, reaching 8.55 thousand tons valued at 18 million dollars, despite a year-on-year decrease of 11%. The total exports for the year thus far have decreased by 5% to 25,300 tons, though export revenue saw an 8% increase from February 2024. The primary export destinations were Moldova, Armenia, and Georgia, with products including milk, cream, condensed milk, fermented milk products, whey, cheese, butter, and ice cream, the latter of which saw a notable 40% increase in both volume and value. Conversely, dairy imports in March fell by 12%, with a notable decrease in butter imports but an increase in cheese and ice cream imports. Additionally, the Ukrainian frozen products company 'Three Bears' has expanded its market reach by acquiring the Polish company Nordis.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In March, Ukraine exported 8.55 thousand tons of dairy products worth 18 million dollars, which is slightly more than the volume of exports in February. On the other hand, compared to March last year, they decreased by 11%. This is reported by the Association of Milk Producers according to the data of the State Statistics Service. Since the beginning of the year, 25,300 tons of dairy products have been exported, which is 5% less compared to last year's period. Export revenue for delivered goods increased by 8% compared to February 2024. The main export categories in monetary terms were: In March, natural volumes of milk and cream exports amounted to about 2.28 thousand tons, which is 3% more compared to February. About 95% of the goods were exported to Moldova, 2% to Armenia, and 1% to Georgia. Ukraine also reduced the volume of exports of milk and non-condensed cream to 7.23 thousand tons (-12%). The volume of condensed milk exports decreased due to a decrease in supplies to ...
Source: Epravda
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
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.