Prices for extra-virgin milk in Ukraine in January 2025 decreased by 8% to 18.5 UAH/kg compared to December 2024, according to the Union of Dairy Enterprises of Ukraine (UDEP).
Analysts noted that milk prices in January 2025 were 23% higher than in January 2024 and 33% higher than in June 2024.
At the same time, the growth rate of raw milk prices in Ukraine (in UAH) in the second half of 2014 was 2.3 times higher than in the EU (in EUR – 1.8 times). The average price in January 2025, expressed in EUR (for the domestic quality basis), amounted to almost EUR 42.7/100 kg – compared to EUR 45.7/100 kg in December 2024 and EUR 44.7 in November 2024.
“The price in EUR decreased by almost 7% compared to December 2024, and by 5.5% compared to November 2024. At the same time, the price increased by 34% compared to June 2024; by 18.5% compared to January 2024. The average price, expressed in euros and converted to the euro base, decreased to EUR47.3/100 kg in January 2024 – from almost EUR51/100 kg in December 2024,” the UMPA stated.
The experts drew attention to the fact that the ratio between the price levels in Ukraine and the EU/Poland in January 2024 was 87% to the EU average and 82.5% to the Polish average.
“The respective ratios have “rolled back” to the level of October 2024 – the competitiveness of domestic dairy products has increased in January 2025,” the industry association summarized.
