In May 2025, for the first time since December 2024, prices for extra-grade raw milk in Ukraine practically stopped falling and were slightly below 16.3 UAH/kg, according to the expert and analytical service of the Ukrainian Dairy Industry Association (UDIA).
The industry association calculated that the price level in April 2025 (in hryvnia) was 18.5% lower than in December 2024 and 2.5% lower than in September 2024, but 16.5% higher than in June 2024 and 7.5% higher than in December 2023.
At the same time, the average price in May 2025 (domestic quality basis, expressed in EUR) was lower than EUR35/100 kg compared to EUR37.4 in March and EUR40 in February this year and EUR45.7 in December 2024.
The average price, expressed in EUR and converted to the euro base, in May 2025 was lower than EUR 41/100 kg compared to EUR 44 in March and EUR 47 in February 2025 and EUR 53.7 in December last year.
The price level in May 2025 (converted to EUR and Eurobase) was 24% lower than in December last year, 4.5% lower than in September 2024, but 6.5% higher than in May 2024, although still 7% lower than in December 2023.
The ratio between price levels in Ukraine and the EU and Poland averages in May 2025 was 77% of the EU average and 76.5% of the Polish average.
“The corresponding ratio between the domestic price and the EU average price has not been recorded since July 2023,” the SMU noted.
Assessing the situation on other continents, industry analysts noted a decline in milk purchase prices in the US (below EUR41.3), Brazil (to EUR42.3), and New Zealand (to EUR39.5).