Ukrainian exports of cheese and butter will decrease in 2023

Published 2023년 1월 19일

Tridge summary

Ukrainian cheese producers are expected to see a decline in sales due to the end of the holiday season and high profitability, leading some to increase prices. The decrease in exports, which fell more than twice in December, is expected to continue due to cheaper European cheeses. However, domestic oil prices are falling more slowly than in Europe, leading to a decrease in oil exports. Despite this, butter exports increased by 29% in 2022, primarily to EU countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The holidays are coming to an end and again the activity of cheese sales is expected to fall. However, cheesemakers are in no hurry to stimulate sales with reduced prices. Moreover, some domestic manufacturers increase the price, despite, and yes, quite high profitability. Cheesemakers have to significantly reduce export prices or even refuse foreign sales altogether. It is not surprising, because European cheeses can be bought cheaper. Therefore, Ukrainian cheese producers will probably refuse to deliver to the EU, leaving traditional sales markets in Kazakhstan or Moldova behind. That is, the export of cheese will drop significantly. Already in December, it decreased more than twice. Well, in general, during the year, due to the adjustment of supplies to the EU, the export of semi-hard cheese increased by almost 70% to 7.7 thousand tons. This is a record volume since 2014, when Ukraine still exported the product to Russia. Last year, for some time, Ukrainian cheesemakers were ...
Source: Agroconf

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