Ukraine increased exports of dairy products in February

Dairy

Ukraine

Market & Price Trends

Published Mar 8, 2024

Tridge summary

In February 2024, Ukraine saw a significant increase in dairy product exports, with a 22% rise in volume and 26% in monetary income, totaling 8.5 thousand tons worth $16.6 million. The main export categories were milk, cream, cheeses, ice cream, and butter. Despite a decrease in exports to Moldova and Georgia, there was an increase in exports of condensed milk to Moldova, Israel, and Poland. Butter exports increased by 17% in volume and 20% in revenue, while cheese exports rose by 30% in volume and 33% in revenue. However, the natural volumes of butter exports decreased to 553 tons in January-February 2024, a 212% reduction compared to the previous year.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In February, Ukrainian exporters increased the volume of supplies of dairy products compared to January, taking advantage of the increase in prices for exchange goods on foreign markets, analysts of the Association of Milk Producers report this. According to preliminary data of the DSSU, in February 2024, Ukraine exported 8.5 thousand tons of dairy products worth 16.6 million dollars. Compared to January 2024, natural volumes of exports increased by 22%, and monetary income increased by 26%. Since the beginning of the year, 15.13 thousand tons of dairy products were exported, which is 3% more compared to last year's period. Export revenue for the first two months of 2024 amounted to almost UAH 29 million, which is 14% less than last year. The main export categories in monetary terms were the following products: Milk and cream, condensed - 33%; Cheeses - 23%; Ice cream - 13%; Butter - 12%. Natural volumes of milk and non-condensed cream exports in February amounted to about 2.23 ...

Source: Agravery