Business news from Ukraine

Business news from Ukraine

Imports of dairy products in August reached record high since beginning of year, amounting to $14.7 mln

26 August , 2025  

In the first half of August 2025, Ukraine increased its imports of dairy products to $14.7 million, the highest figure since the beginning of the year for similar periods. The previous record was set in the first half of March, six months ago, at $13.2 million, according to the Ukrainian Dairy Industry Association (UDIA).

The industry association noted that in monetary terms, imports increased by 30% compared to the first half of July and almost one and a half times compared to the first half of June.

In addition, in real terms, growth was recorded for almost all commodity items, except for whey, imports of which fell by a third. The largest increase, 25%, was observed in the cheese group: more than 1.8 thousand tons of this product were imported into the country. This commodity item accounts for the lion’s share of the value structure of imports (almost 85%).

As a result, the balance of exports and imports of dairy products became negative for the first time since March, at $(-4.3) million.

Analysts believe that such a significant increase in imports was largely due to the rise in domestic prices for raw milk in Ukraine, which occurred in the second half of July (+5%) and continued in August. This partially reduced the competitiveness of domestic products, making imports more attractive.

“Such dynamics affect the country’s balance of payments and require a balanced approach to pricing in the domestic dairy products market,” the SMPU concluded.

 

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