Ukraine: The average purchase price of extra-grade milk was recorded at UAH 12.18/kg

Published 2023년 3월 16일

Tridge summary

The prices for raw milk in Ukraine have remained stable since February 21, as demand for dairy products both domestically and internationally has weakened. The average purchase price for extra grade milk is UAH 12.18/kg, with a range of UAH 10.84/kg to UAH 12.80/kg in farms. Despite this stability in Ukraine, raw milk prices in the European Union have been falling due to an overheated market in 2022. Factors such as decreased milk production and increased production costs led to higher purchase prices for raw milk, but demand did not meet expectations and a surplus formed, resulting in price drops. This surplus has impacted export markets, including Ukraine, which faced challenges with its main dairy export market, the EU, due to oversaturation. Domestically, Ukraine's dairy market faces limited demand and high consumer inflation, leading to economizing behaviors and reduced dairy product purchases. Negotiations about reducing the price of raw milk are underway for the second half of March.

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

Original content

Prices for raw milk of all varieties in Ukraine as of March 13 remained unchanged since the February 21 preliminary monitoring by the Association of Milk Producers (AVM). The reasons are the weakened demand for dairy products on foreign markets and in the middle of the country. AVM analyst Georgy Kukhaleishvili reports. As of March 13, the average purchase price of extra grade remained at UAH 12.18/kg excluding VAT. The range of prices for the extra grade in farms remained unchanged - from UAH 10.84/kg to UAH 12.80/kg. The price of the higher grade has also not changed over the past three weeks – UAH 12.18/kg. In farms, the order of prices was from UAH 10.00/kg to UAH 12.10/kg. Since January 2023, the average price for the first grade has remained unchanged - UAH 11.67/kg. The minimum price in farms as of March 13 was UAH 10.00/kg, and the maximum was UAH 11.90/kg. The price range for the first grade has remained unchanged since February 21. The weighted average price of the three ...

Source: Agravery