Consumption of dairy products in Ukraine has increased mainly due to imports

Published 2020년 12월 7일

Tridge summary

The article highlights the challenges faced by Ukraine's dairy industry, with concerns over increasing imports leading to potential shortages and higher prices for consumers in the upcoming year. The industry's growth is threatened by uncertainties in the economic outlook and a stagnant livestock sector, despite financial support from the government. In recent years, agricultural producers have failed to utilize a significant portion of the funding allocated to them through government programs, raising questions about their financial goals and the effectiveness of current support structures.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The market growth for most of these goods is due to a significant increase in imports, Infagro reports. It is noted that now it is difficult to predict how the country's economy will develop next year, but, according to many analysts, problems cannot be avoided. So it is unlikely that next year, Ukrainians will be able to buy as many dairy products as this year, especially if they become more expensive. “Unfortunately, there is no reason to predict bright prospects for the development of dairy farming. So far, the impression is that even if the state significantly increased support for the livestock sector, this would hardly lead to a noticeable increase in investment, ”experts say. It is clarified that the agrarians were in no hurry to take money from the government under the existing state support programs, either last or this year. In particular, last year, only a third (UAH 2.2 billion) of the budget amount was spent, this year for 10 months - only UAH 1.8 billion. So the ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.