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Ukraine is not threatened by an increase in the import of dairy products

Published Sep 18, 2024

Tridge summary

Dairy producers in Ukraine are experiencing a significant increase in production costs, leading to repeated efforts to raise product prices. Despite some success, they are struggling to justify significant price hikes to retailers. As a result, prices for fresh dairy products are expected to rise gradually, which could lead to a decrease in sales. Currently, Ukraine's main import suppliers are Poland, Belgium, and Germany, while the majority of exports are to Moldova.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is stated in the message of "Infagro". "The cost of production of fresh dairy products is growing much faster than prices, which producers are trying to increase for the third month in a row. They partly succeed in this, but they are unable to convince the networks of the need for a significant increase in prices," analysts note. According to experts' forecasts, prices for fresh dairy products will definitely rise gradually. But it is unlikely that sales will be increased, on the contrary, they will probably decrease due to price increases. "Prices are rising not only in Ukraine, so domestic producers are not threatened by an increase in the import of fresh dairy products due to the increase in the price of domestic products. Import supplies remain at a much lower level than last year," experts say. Most expensive yogurts and cottage cheese products are now imported into Ukraine. The main supplier countries are Poland (54%), Belgium (30%) and Germany (12%). ...
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