Ukraine Boosts Butter, Cheese, and Buttermilk Exports
Source: The DairyNews
In recent developments, Ukraine has seen an uptick in the export of butter, cheese, and buttermilk, despite an overall decline in dairy product shipments over the past month. This trend highlights a strategic shift in Ukraine’s dairy export landscape, as detailed by analyst Georgiy Kukhaleyshvili from the Ukrainian Milk Producers Association.
Export Performance Overview
According to preliminary data from the State Statistics Service of Ukraine (DSSU), Ukraine exported 9.32 thousand tons of dairy products in July 2024, valued at $22.45 million. This represents a 19% decrease in volume compared to June 2024 but a 13% increase compared to July 2023. Revenue from these exports fell by 13% from June 2024 but rose by 24% year-over-year.
From January to July 2024, total dairy exports reached 69.87 thousand tons, worth $162.07 million. This indicates a 9% increase in volume and a 4% increase in revenue compared to the same period last year.
Detailed Export Analysis
Uncondensed Milk and Cream: July saw exports of approximately 1.9 thousand tons, a 12% increase from June and a 9% increase from July 2023. Revenue was $1.11 million, reflecting a 6% increase from June and a 14% increase from the previous year. Moldova and Azerbaijan were the primary destinations.
Condensed Milk and Cream: Exports fell to 2.44 thousand tons in July, a 59% decrease from June and a 17% decrease from July 2023. Revenue decreased to $6.08 million, down 51% from June and 14% year-over-year. Key markets included Poland, Bulgaria, Romania, and Bangladesh.
Fermented Dairy Products (Buttermilk): July exports totaled 368 tons, marking a 12% increase from June and a 27% increase from July 2023. Revenue rose to $452 thousand, up 12% from June and 31% from the previous year. Moldova and Armenia were the main recipients.
Whey: Exports amounted to 1.22 thousand tons, a 61% decrease from June but a 20% increase from July 2023. Revenue was $849 thousand, down 61% from June but up 32% from the previous year. Major buyers included Poland, China, Vietnam, and the Philippines.
Butter: Ukraine exported 755 tons in July, a 21% increase from June and a 41% increase from July 2023. Revenue was $4.84 million, up 24% from June and 54% year-over-year. Major markets included Moldova, Bulgaria, Azerbaijan, and Israel.
Cheese: July exports totaled 858 tons, an 8% increase from June and a 50% increase from July 2023. Revenue reached $3.64 million, up 3% from June and 50% year-over-year. Key destinations were Moldova, Kazakhstan, Germany, Latvia, and Azerbaijan.
Ice Cream: Exports were 1.76 thousand tons, a 5% decrease from June but a 24% increase from July 2023. Revenue was $5.47 million, down 11% from June but up 22% year-over-year. Major markets included Germany, Moldova, and Poland.
Import Trends
In July, Ukraine imported 4.62 thousand tons of dairy products, a 140% decrease from June and a 16% decrease from July 2023. Imports of buttermilk and cheese saw notable increases. The main sources were the EU, the United Kingdom, Switzerland, Norway, and Serbia. From January to July 2024, total dairy imports amounted to 31.99 thousand tons, a 5% decrease compared to the same period last year.
Market Challenges and Outlook
The reduction in overall dairy exports in July may be attributed to seasonal market lulls, reduced raw milk supply due to heat, and higher domestic prices. Additionally, the ongoing energy crisis exacerbated by the conflict with Russia has impacted milk processing capacities. Despite these challenges, global demand for dairy products, particularly fats and cheeses, remains robust.
In summary, Ukraine’s dairy sector continues to demonstrate resilience and adaptability, with significant growth in exports of specific dairy products despite broader market challenges.
According to preliminary data from the State Statistics Service of Ukraine (DSSU), Ukraine exported 9.32 thousand tons of dairy products in July 2024, valued at $22.45 million. This represents a 19% decrease in volume compared to June 2024 but a 13% increase compared to July 2023. Revenue from these exports fell by 13% from June 2024 but rose by 24% year-over-year.
From January to July 2024, total dairy exports reached 69.87 thousand tons, worth $162.07 million. This indicates a 9% increase in volume and a 4% increase in revenue compared to the same period last year.
Detailed Export Analysis
Uncondensed Milk and Cream: July saw exports of approximately 1.9 thousand tons, a 12% increase from June and a 9% increase from July 2023. Revenue was $1.11 million, reflecting a 6% increase from June and a 14% increase from the previous year. Moldova and Azerbaijan were the primary destinations.
Condensed Milk and Cream: Exports fell to 2.44 thousand tons in July, a 59% decrease from June and a 17% decrease from July 2023. Revenue decreased to $6.08 million, down 51% from June and 14% year-over-year. Key markets included Poland, Bulgaria, Romania, and Bangladesh.
Fermented Dairy Products (Buttermilk): July exports totaled 368 tons, marking a 12% increase from June and a 27% increase from July 2023. Revenue rose to $452 thousand, up 12% from June and 31% from the previous year. Moldova and Armenia were the main recipients.
Whey: Exports amounted to 1.22 thousand tons, a 61% decrease from June but a 20% increase from July 2023. Revenue was $849 thousand, down 61% from June but up 32% from the previous year. Major buyers included Poland, China, Vietnam, and the Philippines.
Butter: Ukraine exported 755 tons in July, a 21% increase from June and a 41% increase from July 2023. Revenue was $4.84 million, up 24% from June and 54% year-over-year. Major markets included Moldova, Bulgaria, Azerbaijan, and Israel.
Cheese: July exports totaled 858 tons, an 8% increase from June and a 50% increase from July 2023. Revenue reached $3.64 million, up 3% from June and 50% year-over-year. Key destinations were Moldova, Kazakhstan, Germany, Latvia, and Azerbaijan.
Ice Cream: Exports were 1.76 thousand tons, a 5% decrease from June but a 24% increase from July 2023. Revenue was $5.47 million, down 11% from June but up 22% year-over-year. Major markets included Germany, Moldova, and Poland.
Import Trends
In July, Ukraine imported 4.62 thousand tons of dairy products, a 140% decrease from June and a 16% decrease from July 2023. Imports of buttermilk and cheese saw notable increases. The main sources were the EU, the United Kingdom, Switzerland, Norway, and Serbia. From January to July 2024, total dairy imports amounted to 31.99 thousand tons, a 5% decrease compared to the same period last year.
Market Challenges and Outlook
The reduction in overall dairy exports in July may be attributed to seasonal market lulls, reduced raw milk supply due to heat, and higher domestic prices. Additionally, the ongoing energy crisis exacerbated by the conflict with Russia has impacted milk processing capacities. Despite these challenges, global demand for dairy products, particularly fats and cheeses, remains robust.
In summary, Ukraine’s dairy sector continues to demonstrate resilience and adaptability, with significant growth in exports of specific dairy products despite broader market challenges.
23.09.2024
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