Ukraine increases import of butter at the expense of Belarus

Published 2021년 2월 22일

Tridge summary

Ukraine is continuing to export butter, but prices for external sales are often higher than domestic ones, leading sellers to consider increasing prices for Ukrainians as well. Currently, it is more profitable to import oil from Belarus rather than Europe due to higher prices on the world market. Oil imports to Ukraine increased to 450 tons in the last month, primarily from Belarus. However, oil exports are declining, with about 700 tons exported in January. The cost of production for spreads is increasing, leading to a reduction in production and export of this product.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukraine continues to export butter. At the same time, prices of external sales are often higher than domestic ones, which makes sellers want to increase them for Ukrainians as well. This is reported by analysts at Infoagro. “On the world market, oil has significantly risen in price, that is, there is no profitable import option in case of a deficit, although it is now profitable to buy this product in Belarus. Last month, oil imports to Ukraine rose to 450 tons exclusively due to supplies from Belarus. It makes no sense to import oil from Europe now. In January, 54% of all oil imports were from Belarus, 18% from the Netherlands, 16% from Germany. The shares of the rest of the countries that supply oil to the country did not exceed 5%, ”experts say. At the same time, oil exports are declining, although they are still significant. In January, about 700 tons of oils were exported ...

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