Ukraine continues to increase imports of dairy products

Published 2020년 11월 6일

Tridge summary

The Association of Milk Producers has reported a growing trade deficit of $56.2 million due to a decline in dairy exports, especially butter, powdered and condensed milk, condensed milk and cream, and cheese. While exports of serum and ice cream have seen growth, imports of dairy products, led by cheese and butter, remain high and are predominantly imported from Poland and four other countries. The import of casein has seen a significant increase despite a slight increase in physical exports.

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

Original content

This was reported by the Analytical Department of the Association of Milk Producers. The negative trade balance grows by an average of 7-8 million dollars every month. and currently stands at minus $ 56.2 million. The largest losses in exports are made by butter - minus 42.4% (up to 9.4 thousand tons), the group of powdered and condensed milk - minus 27.4% (up to 23.9 thousand tons), condensed milk and cream - minus 23.8% (up to 16.2 thousand tons), cheese - minus 19.3% (up to 4.8 thousand tons). Exports of fermented milk products suffer to a lesser extent - minus 6.6% (up to 4.7 thousand tons). Serum trade shows the most dynamic growth rates of exports: from minus 40% in the first quarter to + 5.4% (up to 22.1 thousand tons) at the moment. Stably positive is the export of ice cream, which exceeds last year's figures by 6.4% (up to 6.5 thousand tons). Exports of casein in physical terms increased by 0.6% to 5.3 thousand tons, but in monetary terms shows a significant increase - + ...

Source: MilkUA