Prices for imported and Ukrainian cheeses will increase significantly

Published 2021년 11월 1일

Tridge summary

Dairy product prices, especially cheeses, are experiencing a significant increase of at least 8% due to a rise in the cost of raw materials, with further increases expected in November and December. This is largely due to a milk shortage and the high cost of milk in Ukraine, compared to neighboring countries. The price of cheese is also influenced by production costs, the number of people involved in production, and the amount produced. The demand for imports is higher due to their lower cost, leading to a 15% increase in imports this year. This surge in prices and the competition from imports may result in a decrease in the consumption of Ukrainian cheeses and potential reductions in production by small and medium-sized producers.

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

Original content

Dairy products are rising in price all over the world. Including cheeses. Due to the rise in price of raw materials in the last 2 weeks alone, their cost has increased by at least 8%. This was reported by delo.ua, writes agronews.ua. And the next rise in prices may occur in November-December. Manufacturers admit that they work at low profitability, using more expensive milk. Therefore, the cost of cheese and other dairy products is reviewed every two months, increasing it by 3-4%. According to Infagro director Vasyl Vintonyak, the main reason for the rise in prices for Ukrainian and imported cheeses is the shortage of milk and the increase in its cost. Compared to neighboring Poland, Belarus and Russia, where the cost of milk is lower, cheeses in Ukraine are much more expensive. For example, the cost of imported Emmental cheese is about 155 UAH / kg. At the same time, Ukrainian cheese of the "Russian" type, even from little-known producers, is usually offered to distributors in ...

Source: AgronewsUA