News

Less milk and more challenges: Ukraine demonstrates resilience despite domestic and global force majeure

Cow Milk
Dairy
Ukraine
Market & Price Trends
Published Apr 15, 2024

Tridge summary

In 2023, the global and Ukrainian raw milk supply faced significant challenges due to adverse weather, macroeconomic factors, and the ongoing war with Russia, leading to a decrease in milk production and cow population in Ukraine. Despite these challenges, Ukraine's industrial sector managed to restore raw milk production to pre-war levels, although the country experienced a 6% drop in production and a 6% reduction in cow numbers compared to the previous year, with a 22% decrease over two years of conflict. Ukrainian processing enterprises adapted by exclusively using extra grade milk, in compliance with European standards, as mandated by Order 118. The dynamics of raw milk purchase prices saw fluctuations, with an average annual price increase of 14% in Ukraine, amidst a forecasted continuation of raw milk shortages into 2024 due to various factors including lack of investment and wartime emigration.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, the supply of raw milk in the world decreased under the influence of weather and macroeconomic factors, and purchase prices went up in the second half of the year. Similar trends have not escaped Ukraine, where the situation is even more complicated due to the ongoing war with Russia. Despite the challenges, the Ukrainian industrial sector increased the production of raw milk and even reached pre-war levels in terms of milk yield. In 2023, demand for dairy products improved in Ukraine. It is likely that the shortage of raw milk will remain a pressing issue for most dairy regions of the world in 2024. Cow population As of January 1, 2024, 1 million 270.7 thousand cows were kept in Ukraine. Compared to January 1, 2023, the number of cows decreased by 70.7 thousand (-6%). During the two years of the Russian-Ukrainian war, the number of cows decreased by 284,600 heads (-22%). About 38% of animals are kept at industrial enterprises, and 62% — at households. In the industrial ...
Source: MilkUA
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