Ukraine has increased cheese imports

Published 2021년 10월 26일

Tridge summary

The Ukrainian cheese market is experiencing challenges, with manufacturers increasing prices, leading to lower sales and stimulating the import of European cheeses. In the last month, Ukraine imported a record 3.8 thousand tons of rennet cheese and 626 thousand tons of processed cheese, marking a 11% increase in cheese imports over three quarters. Most of these imports are hard and semi-hard cheeses, directly competing with domestic producers. Nearly half of the imported cheese comes from Poland. Producers have warned of a expected price increase of 5% starting October.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Ukraine, the cheese market remains a difficult situation. So to avoid losses, manufacturers raise prices, although this leads to lower sales. This was reported by INFAGRO. It is noted that the rise in prices for Ukrainian cheeses stimulates the import of European cheeses, which, although more expensive, are still cheaper than domestic ones. "Last month, Ukraine imported a record amount of cheese: 3.8 thousand tons of rennet and 626 thousand tons of processed cheese. In general, for three quarters, cheese imports increased by 11%, to almost 33.4 thousand tons, "- said in a statement. It is noted that the category of hard and semi-hard cheeses, which are in direct competition with the cheeses of most domestic producers, accounts for 15.5 thousand tons, which is approximately equal to last year's imports. Last month, imports of such products increased by 9% to more than 2,000 tons, which is not surprising, since the cost of imports of Emmental cheese is only about 155 UAH per kg. ...
Source: Agrobusiness

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