Ukraine has reduced the export of dairy products

Published 2024년 4월 5일

Tridge summary

In the first quarter of 2024, Ukraine experienced a 5% decrease in dairy product exports by volume and a 13% decrease in monetary terms, totaling 25.3 thousand tons and $49.45 million, respectively, compared to the same period last year. The primary exports included milk, condensed cream, cheeses, ice cream, and butter, targeting markets in countries such as Moldova, Armenia, Georgia, and several others. Notably, buttermilk and serum exports increased, while butter and casein saw significant declines. Concurrently, Ukraine's dairy imports rose by 4%, with increases in cheese and ice cream imports and a notable decrease in butter imports, mainly from Great Britain, EU states, and other countries.

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

Original content

As reported by the Association of Milk Producers with reference to State Statistics Service data, in the first quarter of 2024, 25.3 thousand tons of dairy products worth $49.45 million were exported, which is 5% less in physical volume and 13% less in monetary terms compared to last year's period. The main export categories in March in monetary terms were the following goods: milk and condensed cream — 28%; cheeses - 22%; ice cream - 20%; butter — 14%. The natural volumes of milk and cream exports in March amounted to about 2.28 thousand tons (-9% compared to March last year). Revenue amounted to $1.44 million (0.2%). About 95% of the goods were shipped to Moldova, 2% to Armenia, and 1% to Georgia. In the first quarter, the export of non-condensed milk and cream decreased to 7.23 thousand tons (-12%), and the monetary income decreased to $4.64 million (-0.4%). Export volumes of milk and condensed cream amounted to 1.82 thousand tons (-39% less compared to March 2023), revenue — ...

Source: AgroPortal.ua