Ukraine: Cheese imports in October broke all records

Published 2021년 11월 17일

Tridge summary

In November 2021, Ukraine saw a record breakage in cheese imports in October, with figures reaching 4.2 thousand tons of rennet cheeses, which surpassed half of the average monthly sales. This surge is attributed to the rising prices and diminishing promotional activities by domestic producers, who have hiked cheese prices by 5% in October, making it more expensive in Ukraine than in Belarus. Despite this, the production of domestic cheese is on a downward trend. The main suppliers of cheese to Ukraine include but are not limited to its main buying partners. Additionally, a cheese factory in the Kharkiv region is up for sale.

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

Original content

October cheese imports in Ukraine broke all records. As of November this year, 4.2 thousand tons of rennet cheeses were imported. That's more than half the average monthly sales. This happened because domestic producers continue to inflate prices and reduce promotional sales. In particular, it will be recalled that in October 2021, Ukrainian cheese rose in price by 5% and became more expensive than in Belarus. This means that it will be on sale for no less than UAH 220 per kilogram. At the same time, the production of domestic cheese is declining. It is noted that imports are growing even though cheese has become much more expensive in ...

Source: Landlord