Ukraine's foreign trade in January: increasing cheese imports and ice cream exports

Published 2021년 2월 9일

Tridge summary

A recent analysis by the Association of Milk Producers in Ukraine predicts a negative foreign trade balance for the country by the end of the year, despite a slight slowdown in import growth in January. The growth in imported supplies of condensed milk and cream, as well as sour-milk products, is expected to continue, along with an increase in cheese imports. However, exports of dairy products have decreased, with the largest losses seen in condensed milk and cream, butter, fermented milk products, and casein. Despite the overall decline in exports, powdered and condensed milk, whey, and cheeses have shown good increases, with ice cream exports experiencing the highest growth rate. The future of oil exports looks promising due to competitive prices, but domestic oil shortages may limit increases in exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

And although the trend can be called quite conditional, because the first month of the year is traditionally shortened and reduced activity due to seasonal holidays, but in such conditions, a preliminary forecast emerges, according to which by the end of the year the foreign trade balance is unlikely to move to a positive range. analyst of the Association of Milk Producers. Conditional positive (features of January for trade - can not adequately reflect the general situation) - a slowdown in import growth, which in the first month amounted to 5.9 thousand tons totaling 19.6 million dollars. This is 1.6% less than last year. "Nevertheless, we are already looking at the future leaders in the growth of imported supplies: the group of condensed milk and cream, which already has a three-digit increase - + 105%, up to 470 tons, and in monetary terms even more - + 125% with a total of 1 , $ 14 million The group of sour-milk products, which is growing by more than 30% to 734 tons, has ...
Source: АгроЮг

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