Belarus Milk Exports Surge Ninefold in 2024, Driving Record Sales through Exchange

Belarus 15.01.2025

Belarusian exporters sold over 181,000 tonnes of dairy products through the Belarusian Universal Commodity Exchange (BUCE) in 2024, marking a nearly ninefold increase from the previous year. The key buyers included CIS countries, Georgia, China, Mongolia, the UAE, Serbia, Singapore, and Turkey

Belarus Milk Exports Surge Ninefold in 2024, Driving Record Sales through Exchange

According to BUCE, the fourth quarter saw a 22% rise in exchange prices for skimmed milk powder (SMP) shipped to Russia, reaching 257 rubles per kilogram. For the Eurasian Economic Union (EAEU), CIS, and third countries, SMP prices increased by 12% to $2.47 per kilogram. This growth reflects sustained demand from foreign buyers for most types of dairy products.

Meanwhile, butter prices declined due to intensified competition in the Russian market, which saw increased imports from India, Iran, and Turkey aimed at curbing inflation.

BUCE reported that market conditions allowed Belarusian exporters to set prices above those recommended by the Ministry of Agriculture and Food. Some lots attracted bids from up to six foreign buyers, enabling Belarusian dairy processors to secure additional revenue even during periods of reduced demand.

Key News of the Week

18.09.2026

Kremlin Assumes Control Over Nestlé Russia Operations

11.09.2026

Milk Will Remain India’s Main Source of Animal Protein Through 2070

03.09.2026

New Zealand Exporters Could Recover Up To NZ$1bn After Supreme Court Ruling

Author's materials

Laurence Rycken

Director General at International Dairy Federation

10.08.2026

IDF: Science and International Cooperation Are Essential to the Future of the Global Dairy Sector

The International Dairy Federation (IDF) participated in recent dairy sector events held in Hohhot, China. The meetings brought together policymakers, industry leaders, researchers and international organizations to discuss the future of the global dairy industry.

22.07.2026

The Flax Paradox in Kazakhstan: Unraveling the Arithmetic Discrepancy

In the 2025/26 marketing year, Kazakhstan's flax seed market has become a hot topic in the region. On the surface, the situation appears impressive with high yields, record export rates, strong external demand, and significant ending stocks. However, upon examining the numbers, a key question arises: where did all this flax come from?

Interview