KYIV. Oct 27 (Interfax-Ukraine) – Over the nine months of this year, Ukraine reduced the turnover of dairy products by 9.7% compared to the same period last year – from $353.4 million to $318.8 million, the press service of the Union of Dairy Enterprises of Ukraine reported.
According to published data, export volumes of dairy products decreased by 23.5% in monetary terms – to $140.2 million compared to $183.5 in January-September 2022. The business association explains this drop by the price factor. At the same time, import volumes increased by 5.2% – from $169.9 million to $178.6 million.
The union indicated that the export-import balance for the specified period was negative – $38.3 million, while for the same period last year it was positive – $13.6 million.
“Of all types of exported products, a positive balance remained in the trade of butter, as well as milk and cream – both uncondensed and condensed. Exports of other dairy products – fermented milk products, whey and all types – decreased very noticeably. The situation in the trade of cheeses is even worse. Although their exports increased slightly compared to last year, imports grew significantly more, and the balance accordingly worsened,” the association stated.