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Ukraine: In October, the export of dairy products decreased significantly

Dairy
Ukraine
Published Nov 8, 2022

Tridge summary

Exports of dairy products fell in October as expected, although no one expected such a significant decline. The main reason was the drop in prices for dairy products on the world market, says Yana Linetska, an analyst at the Association of Milk Producers.

Original content

The total export of Ukrainian dairy products in value terms compared to September increased by 29.1% to $25.5 million, and in natural terms by 30% to 9,000 tons. The export of drinking milk in October amounted to 2.7 thousand tons, which corresponds to the indicators of the previous month. Export revenue amounted to 1.4 million dollars, which is 2% more than in September. 98% of all milk went to Moldova. The export of dry milk and condensed milk decreased by more than half - 2.1 thousand tons in natural terms (-57.5%) and 6.5 million dollars. (-58.8%) in the valuable ones. Due to the large reserves of milk powder in the EU, imports in this direction have significantly decreased. Thus, only 280 tons of product were exported to Poland in the reporting month, compared to 1,040 tons in September. Thai prices fell within 5%. Foreign sales of fermented milk products in October decreased by 28.2% in tonnage - to 234.8 tons and by 41.7% in money - 353.6 thousand dollars. 90% of the entire ...
Source: MilkUA
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