Ukraine: Foreign trade in dairy products is undergoing changes

Dairy

Ukraine

Published Nov 18, 2022

Tridge summary

On the one hand, the supply of raw materials for the manufacture of products for export has seasonally decreased, on the other hand, the demand of importers has significantly decreased under the influence of the formation of unfavorable conditions in world markets. As a result, already in October, the export of dry milk, casein and whey decreased by more than half compared to the previous month. At the same time, the export of cheese is growing. The volume of imports of cheese and fresh dairy products seems to have stopped falling. It is even possible that the volume of imports of these products will increase in the near future, given the drop in prices in Europe and their high price in Ukraine. According to COMEXT data, in 2022, Ukraine will occupy a key role in the list of suppliers of the most marginal exchange-traded dairy products in the EU, namely, butter and cheeses.

Original content

Thus, according to the results of nine months, Ukraine delivered 4.3 thousand tons of butter to the EU and occupies the first position in the rating. Our country's "competition" is Turkey and New Zealand, but I am confident that at the end of the year, Ukraine will be able to maintain its leadership position. During the same period, 1.5 thousand tons of goods under the cheese code were delivered to the EU from Ukraine. In fact, this fact is even more positive because, unlike butter, we had no experience selling cheeses in the EU until this year. By the end of the year, we are unlikely to overtake Switzerland (just kidding), but we may well compete for the second position with Serbia and Norway. These successes (except, of course, the work of all tangential operators) are the result of three components: — a ...

Source: MilkUA