The EU is losing interest in Ukrainian milk

Published Apr 11, 2023

Tridge summary

EU milk prices are decreasing, potentially making Ukrainian dairy products less appealing. The price difference between Ukrainian and EU milk is currently 20% on the spot market. If EU milk production continues to grow and global demand for dairy products remains limited, spot prices for raw milk in the EU may drop to 30-35 euro cents per kg. This could lead to an increase in the supply of cheap cheeses, butter, and cream from Europe to Ukraine, competing with locally produced dairy products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Milk prices in the countries of the European Union are decreasing, so dairy products from Ukraine may lose their appeal to Europe. The analyst of the Association of Milk Producers Giorgiy Kukhaleishvili told about this. According to him, at the end of March, as well as at the beginning of April, the difference in the price of milk in Ukraine versus the EU was plus 20% on the spot market. According to preliminary data from the European Commission, in March of this year, the average price of a kg of raw milk in the EU reached 51.79 euro cents. Compared to February, it decreased by 3%. Among EU countries, milk costs less only in Latvia. There, the price per kg is 34.14 euro cents. The indicator of the price difference in Ukraine and Latvia is plus 3.2%. The most expensive milk is currently sold in Cyprus (65.36 euro cents), Malta (60.55 euro cents) and Spain (58.54 euro cents). If milk production in the EU continues to grow and global demand for dairy products remains limited, spot ...
Source: Agropolit

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.