Business news from Ukraine

Business news from Ukraine

Bread prices in Ukraine have risen by 40% over two years

17 February , 2026  

Rising costs of raw materials and energy resources have led to an average 40% increase in the price of bread and flour in Ukraine over the past two years, according to the Ukrainian Flour Millers Association.

According to the association’s analytical report, published on the APK-Inform website, the price growth rate has been consistently high: in 2024, bread rose in price by 20-22%, and in 2025 — by another 19-23%. A similar 40% increase over a two-year period was also recorded for wheat flour.

According to the association, the price of premium wheat bread rose by 44% over the year to UAH 63.5/kg, rye bread by 45% to UAH 50.6/kg, and loaves by 34% to UAH 30.9/kg.

“Currently, the actual selling prices of flour are 10-15% lower than the declared prices and are practically equal to the cost price. With the average cost of grade 2 wheat at 10,300 UAH/ton and processing costs of no less than 2,500 UAH/ton, a 3% profit margin is a great achievement for flour millers,” the report notes.

Experts note that unlike bakers, who can compensate for the low profitability of social varieties with premium and small-piece products, millers are deprived of this opportunity due to the small sales volumes of packaged flour.

At the same time, “Flour Millers of Ukraine” noted a growing trend in Ukraine toward home baking.

“The population is increasingly turning to home baking. It is much cheaper, tastier, and becoming fashionable,” the industry association noted, adding that premium bread under the Tsar Bread and Kulynichi brands, which is distinguished by its excellent taste, costs more than UAH 100 per 1 kg and is unaffordable for many residents of Ukraine.

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