The export of dairy products is growing against the background of reduced consumption in Ukraine

Published May 8, 2024

Tridge summary

In the first four months of 2024, Ukraine's dairy exports, including products like milk, cream, and fermented items, saw a notable increase, reaching 36.43 thousand tons valued at $70.46 million, marking a 42% rise in volume. This growth was evident across various categories, with significant increases in exports to countries such as Moldova, Poland, and China, among others. However, the country experienced mixed results in specific sectors, with a decrease in butter exports and a significant 141% drop in cheese export volumes, despite a 19% increase in revenue from cheese. Conversely, ice cream exports surged by 35% in volume and 49% year-over-year, with Germany, Moldova, and Poland being the top destinations. This period highlighted both the strengths and challenges within Ukraine's dairy export sector.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary data of the DSSU, in April 2024, Ukraine exported 10.42 thousand tons of dairy products worth $21 million. Natural export volumes increased by 18% compared to March of this year and by 35% compared to April 2023. Cash receipts for delivered goods increased by 14% compared to March 2024 and by 10% compared to April 2023. In January-April 2024, 36.43 thousand tons of dairy products worth $70.46 million were exported, which is 42% more in natural volumes. Cash income for exported dairy products mostly remained at the level of last year's period (+0.12%). The main export categories in March in monetary terms were the following products: Natural volumes of milk and non-condensed cream exports in April amounted to about 2.09 thousand tons, which is 9% less compared to March 2024, but 21% more compared to April 2023 year The revenue for the delivered goods amounted to 1.22 million dollars. and decreased by 19% compared to March of the current year, but by 21% ...

Source: MilkUA