Milk production in Moldova is rapidly declining

Published 2023년 3월 20일

Tridge summary

Moldova is facing a decline in its dairy production, with local producers only covering 66% of the country's domestic consumption. This shortfall is being made up through imports from Russia, Belarus, and Ukraine, but potential disruptions to these supplies due to the ongoing conflict in Ukraine pose a risk. The country's reliance on dairy imports has been steadily increasing, reaching $70 million annually. The number of cows in Moldova has decreased by four times over the past 20 years, and the government is now seeking loans to finance projects to revitalize the industry.

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

Original content

The production of dairy products in Moldova is declining every year, against this background, the country was among the largest buyers of three types of Ukrainian "milk", according to the Moldovan publication "Economic Review", referring to the data of the Customs Service of Ukraine. Earlier, Moldovan Minister of Agriculture Vladimir Bolea noted that Moldovan milk producers cover only 66% of domestic consumption, which negatively affects the country's food security. According to him, the shortage of dairy products was covered by imports from Russia, Belarus and Ukraine, but in the current conditions, given the events in Ukraine, the import of products is associated with a potential risk of stopping supplies due to disruption of logistics and an increase in the final cost. Since 2022, the price of milk in Moldova has increased by 23%, and that of butter by 40%. "According to the Customs Service of Ukraine, Moldova is traditionally among the largest buyers of three types of ...

Source: Milknews