The milk market is on the rise: butter and cheeses are becoming more expensive in Ukraine

Published 2024년 7월 5일

Tridge summary

Retail prices for most dairy products in Ukraine have seen an increase over the past month, with the exception of kefir, Maasdam and Suluguni cheeses, according to the Association of Milk Producers. This price hike is attributed to the rise in raw milk prices and the limited supply of milk due to increased export activity. Additionally, the devaluation of the hryvnia and improved profitability of exchange goods have also contributed to the price increase. Data from Kantar agency shows a 2% increase in the share of drinkable yogurt consumers in Ukraine, while Ardis Group reports a decrease in the share of semi-hard cheeses in sales from 2019 to 2023. According to Your Total Market agency, drinking milk and yogurts are the most popular dairy products among Ukrainians in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Over the past month, against the background of stabilization of raw milk prices, there has been a certain increase in the prices of most dairy products in retail chains in Ukraine, with the exception of kefir, sour milk cheese, Maasdam and Suluguni cheeses. This was reported by the analyst of the Association of Milk Producers (AWM) Georgy Kukhaleishvili. The specialist assumes that over the past month, the prices of most dairy products in Ukraine have risen to a certain extent as a result of the strengthening of prices for raw milk on the domestic market. The production of raw milk and its processing are included in the balance sheet. Surplus milk disappeared from the market. Milk processing enterprises need more raw milk for the production of exchange goods due to the increased export activity of Ukrainian dairy companies. Therefore, the supply of raw milk in Ukraine was limited, and prices went up. In Ukraine, the profitability of the production of exchange goods improved due to ...
Source: Agravery

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